Banks increase loan rates as deposit costs rise

Banks increase loan rates as deposit costs rise

Consumer loans are getting costlier. Bank of Baroda, Canara Bank and UCO Bank have raised their benc..

RBI’s risk weightage: Personal loan rates surge

RBI’s risk weightage: Personal loan rates surge

Private lenders such as ICICI Bank, Kotak Mahindra Bank, HDFC Bank and Axis Bank have raised interes..

RBI’s project finance proposals: SBI may raise rates on infra loans

RBI’s project finance proposals: SBI may raise rates on infra loans

State Bank of India (SBI), the country’s largest lender, may reprice infrastructure loans upwards if..

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..

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..

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..

Home loan growth slows amid rise in interest rates

Home loan growth slows amid rise in interest rates

Home loan growth, the prime driver of bank credit in the retail segment, is slowing down following t..

Strong loan growth in FY23 despite higher interest rates: Fitch

Strong loan growth in FY23 despite higher interest rates: Fitch

Despite higher interest rates, bank credit in India will see strong growth in the current financial ..

SBI ups loan interest rates again

SBI ups loan interest rates again

State Bank of India (SBI) has hiked its marginal cost of funds-based lending rate (MCLR) across teno..

Bank of Maharashtra cuts home loan rates to 8%

Bank of Maharashtra cuts home loan rates to 8%

Pune-headquartered Bank of Maharashtra has bucked the trend to cut home loan interest rates while pe..

Home loan rates set to rise

Home loan rates set to rise

Interest rates for home loans are set to further rise after mortgage lender HDFC on Saturday announc..

PNB CEO speaks on rising rates, bad loans and NARCL

PNB CEO speaks on rising rates, bad loans and NARCL

Punjab National Bank (PNB) will reprice its lending and deposit rates, lower non-performing loans, e..

Interest rates on bank loans and deposits to rise

Interest rates on bank loans and deposits to rise

Interest rates on bank loans and deposits are expected to shoot up after the Reserve Bank of India (..

Home loan interest rates to rise as banks hike MCLR

Home loan interest rates to rise as banks hike MCLR

Home, auto and corporate loans will get costlier as banks start hiking their lending rates despite t..

Union Bank home loan rates at all-time low of 6.4%

Union Bank home loan rates at all-time low of 6.4%

The home loan market is seeing intense competition with banks slashing rates to lure customers as de..