The APR and interest rate on your mortgage aren’t the same. Here’s what to pay attention to when you compare costs.

With interest costs outpacing defense spending, this piece will help journalists understand the public debt and explain it to ...

MUMBAI, June 16 (Reuters) - The Reserve Bank of India has sought feedback from large market participants on aligning the overnight interbank call money rate more closely with the policy repo rate ...

New Delhi: If you have a home loan, your EMI is set to reduce by over Rs 1,500 a month thanks to the Reserve Bank of India's latest move. With the central bank cutting the repo rate by 50 basis ...

The Reserve Bank of India (RBI) has announced a cut in the repo rate -- the rate at which it lends to banks -- by a whopping 50 basis points or 0.5 per cent, to 5.5 per cent.

RBI Repo Rate Cuts History: The Reserve Bank of India (RBI) on Friday reduced the repo rate by basis points (bps) to 5.50 per cent, significantly higher than estimates.

Bank Rate Vs. Reverse Repo Rate. The bank rate is the interest rate that large commercial banks must pay on loans and advances to a central bank, such as the U.S. Federal Reserve Bank. The reverse ...

Following this revision, HDFC Bank’s MCLR now ranges from 9.00% to 9.20%, depending on the loan tenure. This marks a decrease from the previous range of 9.10% to 9.35% that was applicable during ...

Canara Bank and Indian Bank have announced reductions in their lending rates, a decision influenced by the Reserve Bank of India's (RBI) recent cut in the repo rate from 6.25% to 6.00%.

Federal Bank has reduced its savings account interest rate by 25 basis points to 2.75 per cent, becoming the fourth private sector bank to do so after the Reserve Bank of India lowered the repo rate.

The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...

The bank has decided to pass on the rate cut to the customers by reducing the RLLR of the bank by 25 basis points from 9.10 per cent to 8.85 per cent, IOB said in a statement.