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The Reserve Bank of India’s surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by ...
The central bank led by Sanjay Malhotra surprised by slashing its key policy rate by 50 basis points. Under the new governor, ...
9h
GlobalData on MSNFlipkart receives lending licence from Reserve Bank of IndiaWalmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to ...
India’s central bank said it will stop daily fund injections into the financial system, days after the monetary authority ...
As digital transactions grow and banking reaches more people, fraudulent practices are expected to rise further. Both banks ...
6h
ET Now on MSNRBI rate cut impact: Bank of Baroda, HDFC Bank reduce lending rate by up to 50 bps, 10 bpsEarlier on Friday, the RBI cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash ...
Bank Nifty index has now entered uncharted territory with this breakout. Given the strength of the breakout and bullish ...
The Bank Nifty index extended its gains from the previous session to hit another fresh record high in trade on June 9, 2025.
HDFC Bank announces a cut in its MCLR. This benefits borrowers with loans linked to this benchmark. The reduction is up to 10 ...
After the revision, ICICI Bank offers FD interest rates between 3% and 6.6% to general citizens for amounts below Rs 3 crore; ...
Following the Reserve Bank of India's decision to cut the repo rate, several banks have begun lowering their lending rates.
Overnight and one-month MCLR now stand at 8.90%. Two- and three-year tenures are down to 9.10% from 9.20%.
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