Amid fraud concerns, promoter Ashok Hinduja reiterates support for IndusInd Bank

Amid fraud concerns, promoter Ashok Hinduja reiterates support for IndusInd Bank

A day after IndusInd Bank acknowledged that frauds by employees had a role to play in accounting irr..

SBI lowers deposit rates by 20 basis points

SBI lowers deposit rates by 20 basis points

In a clear sign that interest rates are falling, the State Bank of India has reduced deposit rates b..

Post repo cut, fixed deposit rates signal fall

Post repo cut, fixed deposit rates signal fall

Interest rates on fixed deposits are starting to fall following the Reserve Bank of India (RBI) cutt..

RBI’s repo cut: Banks start lowering lending rates

RBI’s repo cut: Banks start lowering lending rates

Soon after the Reserve Bank of India cut repo rate, several public sector banks have announced revis..

PNB lowers retail loan rates by 25 bps

PNB lowers retail loan rates by 25 bps

The biggies are lowering interest rates, following the Reserve Bank of India’s repo rate cut by 25 b..

Banks continue deposit chase, raise interest rates

Banks continue deposit chase, raise interest rates

The war for deposits continues as a clutch of banks have increased interest rates to bring their gro..

Deposit rates unlikely to fall in Q4

Deposit rates unlikely to fall in Q4

Despite the Reserve Bank of India (RBI) infusing some liquidity in the banking system through a CRR ..

SBI hikes lending rates under MCLR

SBI hikes lending rates under MCLR

State Bank of India has announced a 0.05% increase in the marginal cost of fund-based lending rate (..

SBI hikes lending rates by 10 basis points

SBI hikes lending rates by 10 basis points

State Bank of India (SBI) has raised the marginal cost of funds-based lending rate (MCLR) by 10 basi..

RBI to cut interest rates amid growth risks, slowing consumer demand?

RBI to cut interest rates amid growth risks, slowing consumer demand?

With consumer demand slowing and concerns being raised over the global economy, some economists say ..

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..

Union Bank of India revises deposit rates

Union Bank of India revises deposit rates

Union Bank of India has raised interest rates on fixed deposits. The state-run bank is offering a sp..

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..

Interest rates on small savings schemes unchanged

Interest rates on small savings schemes unchanged

The government has not changed the interest rates on small savings schemes for the quarter beginning..

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..