All of the usual factors, notably your risk profile, will still be at play. But the enhanced transparency could conceivably lead to lower rates in some cases as the reform would mean that banks have ...

What does the RBI monetary policy say on India’s GDP growth and inflation outlook? What does the decision to keep repo rate at 5.25% mean for your loan EMIs, fixed deposit and mutual fund investments?

The SARB's plan to eliminate the prime interest rate in South Africa could have the opposite effect of what it intends.

As banks reduce their lending rate, following the RBI’s rate cuts, the principal component of EMI increases month-on-month, thereby affecting the overall loan tenure.

A home loan EMI comprises of two parts – principal and interest. The principal amount of an EMI remains constant, but the interest is variable. Ever wonder why a change in the external benchmark say ...

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Headline inflation during November and December remained below the tolerance band of the inflation target. The revised ...

Banks' FD Rates: The Reserve Bank of India (RBI) kept the repo rate at 5.25% in its monetary policy meeting, so banks are ...

(Reuters) -The Reserve Bank of India (RBI) kept its key repo rate unchanged at 5.50% on Wednesday, in line with market expectations, as it evaluates the impact of earlier rate cuts and recent tax ...

HDFC Bank has lowered its Marginal Cost of Funds-based Lending Rates by 5 basis points on specific loan tenures. This change ...

For ‘greater transparency and clarity’: instead of the official repo rate and prime rate – and then the ‘prime-plus’ or ‘prime-minus’ rate quoted to a consumer – there will be a single Sarb policy ...