"interest-rate"

Before taking a loan against property, start with the EMI your finances can support, not the maximum amount you may be eligible to borrow. Your property may determine the borrowing capacity, but your cash flow should determine the loan you take. Compare different tenures and look at total interest and repayment alongside the monthly instalment.

Choosing the wrong lender, opting for a longer tenure, overlooking legal checks and ignoring hidden costs can make a home loan far more expensive. Understanding these common mistakes and reviewing loan terms regularly can help borrowers reduce repayment costs over time

The Reserve Bank of India kept the repo rate unchanged at 5.5% for the second consecutive time, citing tariff uncertainties. Governor Sanjay Malhotra highlighted risks to growth despite easing retail inflation, which fell to a six-year low in August 

"Ministry of Finance has given concurrence to 8.25 per cent rate of interest on the EPF for 2024-25 fiscal year and labour ministry sent a communication regarding this to the EPFO on Thursday," a labour ministry official said

The scheme offers an additional 0.65 per cent interest above the standard fixed deposit rates

Supreme Court sets side a sixteen-year-old National Consumer Disputes Redressal Commission verdict, lifts restrictions on interest rates

RBI signals its cautious approach to balance the twin factors of inflation and growth

The 30-share BSE Sensex soared 735.95 points, reaching a new all-time high of 83,684.18 in early trade. Similarly, the NSE Nifty climbed 209.55 points, hitting a fresh record of 25,587.10.

The benchmark one-year tenor MCLR, which is used to price most consumer loans such as auto and personal, is now pegged higher at 8.95% against the earlier rate of 8.85%

This interest rate will be officially notified in the government gazette after approval by the Ministry of Finance after which the EPFO will credit the approved rate of interest into its subscribers' accounts

The prices shot up reflecting the overall higher risk averseness of investors with the rising interest rates along with higher demand, which rose by 14 per cent at the auction in spite of a jump in the average tenor to 15 years from 13 years last week

Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting

RBI left its key policy rates unchanged for a third straight meeting but signalled tighter policy if food prices drive inflation higher

The Reserve Bank's decision to maintain the status quo on policy rate will support growth and keep inflation under check

The Bank of England raised its main interest rate Thursday to a fresh 15-year high as it tries to bring down persistently high inflation.

Governor Shaktikanta Das on Thursday said "it's a pause and not a pivot" about the Reserve Bank's surprise decision to hold the key policy rate

Karimnagar: In order to attract deposits, the Karimnagar District Cooperative Central Bank (DCCB) has announced the highest interest rates on term deposits for the general public and senior citizens with effect from Wednesday onwards. For deposits from one year to three years, the general public would get 6.75 per cent interest and the senior citizens […]

New Delhi: Interest rate on employees’ provident fund deposits on Saturday was proposed to be cut to a four-decade low of 8.1 per cent for the current 2021-22 fiscal from 8.5 per cent in the previous year, sources said. This is the lowest interest rate since 1977-78 on deposits that employees make towards their retirement […]

This is the seventh time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo.

The bank wants to be challenger in home loan market