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...

In its first bimonthly monetary policy meet, the Reserve Bank of India has announced a cut in the policy rate (repo rate) by 25 basis points. The repo rate now stands at 6 per cent. Last February, th...

The Supreme Court on Friday asked the finance ministry and the RBI to hold a meeting within three days to decide on the waiver of interest on interest for deferred payments of instalments for loans du...

The State Bank of India has lowered its interest rates on fixed deposits across all tenors. The new rates will come into effect from August 1, 2019, just a few days ahead of the monetary policy meet o...