Banks feel heat on CASA deposits as interest rates climb

Banks feel heat on CASA deposits as interest rates climb

Banks are seeing a dip in the low-cost CASA (current account savings account) deposits as part of th..

Bank of Maharashtra raises deposit rates ahead of festive season

Bank of Maharashtra raises deposit rates ahead of festive season

Bank of Maharashtra has increased its fixed deposit rates by up to 125 basis points, or 1.25%, ahead..

Bank of Maharashtra drops home, car loan rates by up to 20 bps

Bank of Maharashtra drops home, car loan rates by up to 20 bps

State-owned Bank of Maharashtra has cut the interest rate on home and car loans by up to 20 basis po..

Canara Bank, Bank of Baroda raise lending rates

Canara Bank, Bank of Baroda raise lending rates

Canara Bank and Bank of Baroda have raised the marginal cost of funds-based lending rates (MCLR) by ..

SBI hikes lending rates by 5 basis points

SBI hikes lending rates by 5 basis points

Borrowers will need to pay more towards EMIs as State Bank of India (SBI), the country’s largest len..

Govt hikes interest rates on select small savings schemes

Govt hikes interest rates on select small savings schemes

The government has hiked interest rates on select saving schemes by up to 30 basis points for the Ju..

Bank loan rates to face upward bias in FY24

Bank loan rates to face upward bias in FY24

Despite a sudden surge in liquidity, bank deposit rates are unlikely to fall while borrowing costs c..

Withdrawal of Rs 2,000 notes to have little impact on deposit growth, interest rates

Withdrawal of Rs 2,000 notes to have little impact on deposit growth, interest rates

The reverse flow of Rs 2,000 notes to the banking system will ease liquidity to a certain extent but..

Rs 2,000 withdrawal to have favourable impact on bank deposits and interest rates: SBI study

Rs 2,000 withdrawal to have favourable impact on bank deposits and interest rates: SBI study

The withdrawal of Rs 2,000 currency note is likely to be a non-event but it will have a favourable b..

India not to allow entry of large corporates into banking: Vaghul

India not to allow entry of large corporates into banking: Vaghul

India will never allow large corporates to open a bank and it will all be professional banking, ..

Bank of Maharashtra hikes lending rates

Bank of Maharashtra hikes lending rates

State-owned Bank of Maharashtra (BoM) on Monday announced increase in the marginal cost of funds-bas..

Credit growth at 11-year high despite rise in lending rates

Credit growth at 11-year high despite rise in lending rates

Despite rising interest rates, global uncertainties and supply-chain issues, loan growth in FY2023 h..

Canara Bank raises MCLR, retains retail lending rates

Canara Bank raises MCLR, retains retail lending rates

Canara Bank has kept its interest rate on retail loans unchanged while raising the MCLR-based lendin..

US Federal Reserve raises interest rates by 25 basis points

US Federal Reserve raises interest rates by 25 basis points

The Federal Reserve has hiked interest rates by another quarter of a percentage point to a range of ..

Bank of Maharashtra slashes home loan rates to 8.40%

Bank of Maharashtra slashes home loan rates to 8.40%

Bank of Maharashtra is offering one of the lowest rate of interest on home loans as it seeks to attr..