The government has decided to withdraw the 7.75 per cent Savings (Taxable) Bonds scheme, popularly known as RBI bonds, from the close of banking business on Thursday amid falling interest rates of sma...

State Bank of India has bucked the trend of cutting lending rates following a RBI repo rate cut — instead offering to lower rates on its deposits which will hit ordinary savers. The SBI on Wednesda...

The Reserve Bank of India’s Monetary Policy Committee has reduced the repo rate by 35 basis points down to 5.4 per cent. This is the RBI’s fourth straight reduction of the repo rate. According to ...

Signalling tightening of rates, HDFC Bank on Tuesday raised interest rates on deposits by up to 0.5 per cent for various tenors, while state-run Bank of Baroda hiked lending rates by 0.1 per cent. In ...

The US Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased econo...

Interest rates on loans have fallen to decadal lows. The lowest advertised home loan rate at the moment is 7.95 per cent per annum. So, it is not just a good time to take new loans but also to make pr...

Blame it all on the so-called ‘Fed put’: the widespread belief that the risk of a slump in asset prices will be insured by the policy actions of the Federal Reserve of the United States of America...

Finance minister Nirmala Sitharaman on Friday asked banks for “quick transmission” of slashed interest rates by the Reserve Bank of India to boost liquidity in the system to deal with the coronavi...

Small units borrowing from microfinance institutions are not benefitting from a falling interest regime.Small and medium-sized microfinance firms have seen a rise in their average rates of interest du...

The country's largest lender State Bank of India (SBI) has reduced interest rates on retail term deposits by 15 basis points on certain tenures, effective January 10. The reduction in interest rates a...