The Reserve Bank of India asked banks to be more transparent in resetting interest rates and EMIs of floating-rate home loans under the external benchmark-based lending rate (EBLR) mechanism.
Experts have a view that the rising interest rates scenario is going to impact negatively on home buyers’ attitude.
After dropping interest rates down to historic low levels during the Covid-19 pandemic, the Reserve Bank of Australia (RBA) has lifted interest rates by 0.25 to 0.35 per cent, the first rise since 2010, in an effort to calm growing inflation.
The rich can borrow cheaply because they have collateral,whereas the poor pay much higher interest rates because of higher credit risks
ICICI Bank, in a regulatory filing on Tuesday, announced it has cut interest rate.
Large lenders have smartly cut their base rates to slow down the borrowers from switching to marginal cost of fund…
The Reserve Bank of India (RBI) is expected to maintain its key lending rates at its first bi-monthly monetary policy…
The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi scheme by…
The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi scheme by…
Falling growth in loans is making banks to look at the possibility of lowering the interest rates on savings bank…
