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1 min read

SBI raises lending rates by 5 to 10 basis points; New loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…

ANI   


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2 mins read

SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

PTI   


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2 mins read

SBI report says inflation will remain around 5 per cent this fiscal

Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…

ANI   


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2 mins read

RBI expected to hold rates for the 5th time in a row, no cuts likely before Q2FY25

The Reserve Bank of India’s Monetary Policy Committee paused its rate hike cycle from February this…

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2 mins read

Expect RBI to again pause repo rate in February policy meeting: SBI Research

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting is …

ANI   


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HDFC raises lending rates on housing loans by 5 basis points

The hike in rates came close on the heels of central bank RBI's recent hike in repo rate by 40 basi…

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3 mins read

RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hike

RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting o…

PTI   


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3 mins read

RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts

Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…

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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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3 mins read

Banks to reap rewards of interest rate hikes in Q2 earnings

The Indian banking sector is expected to report strong growth in net interest income, margins and l…

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3 mins read

RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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2 mins read

RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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2 mins read

SBI cuts lending rates and makes home loans cheaper within hours of RBI warning

The Reserve Bank of India (RBI) today cut its repo rate or the rate at which it lends to ban…

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4 mins read

Banks in India may have to fight harder for deposits

Fixed income investors in India are spoilt for choice and bank deposits are far down on the list of…

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3 mins read

With inflation cooling, RBI may slash interest rates by 50 bps this financial year

In a webinar titled ‘Indian Economy FY24 — A Prognosis’, economists at Bank of Baroda said that the…

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3 mins read

Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy

Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …

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5 mins read

Rising interest rates hitting you hard? Here’s how to ensure your home loan is paid off before retirement

You may increase your EMI to up to 40-50% of your income at the most. Prepayment should be consider…

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2 mins read

Bankers say private capex will take one more year to revive

Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…

PTI   


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1 min read

SBI cuts benchmark lending rate by 15 bps; launches spl deposit scheme for senior citizens

To safeguard the interests of senior citizens in the current falling rate regime, the bank has intr…

PTI   


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3 mins read

Bank earnings could see a further ramp up in Q3, say analysts

Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…