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Sensex sinks over 2,000 points in 5 days. How scary do the charts look for next week?Indian markets enter a crucial week with Nifty testing the key 23,600 support after five straight sessions of losses. Rising crude oil pric...
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
Lower EMIs ahead: Relief for HDFC Bank borrowers as lender cuts MCLR on certain tenuresLatest HDFC Bank interest rates: HDFC Bank has lowered its MCLR rates by up to 5 basis points on select loan tenures. This change will bene...
Home loan EMIs to get lower: HDFC Bank, PNB, Indian Bank and these lenders slash lending ratesHDFC Bank cuts MCLR: Home loan borrowers can expect lower EMIs as major banks like HDFC Bank, Punjab National Bank, and Bank of India have ...
HDFC Bank increases lending rate by 5 bps on this tenure; check detailsHDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain unchanged. Th...
RBI gives HDFC Bank leeway in loan norms for smooth mergerThe RBI has paved the way for the country’s largest banking merger by allowing some regulatory relief to HDFC and HDFC Bank.
RBI gives HDFC Bank selective regulatory relief post HDFC mergerThe central bank has permitted the bank to meet priority sector lending requirements in a staggered fashion over three years, the bank said...
HDFC Bank cuts MCLR by up to 85 bps on these tenures, EMIs to go downHDFC Bank reduced its Marginal Cost Based Lending Rate (MCLR) for select tenures by up to 85 basis points. The new lending rates were effec...
Bad loans to rise by Rs 1.3 lakh cr after SC’s nod for NPA tagThe Supreme Court on Tuesday said that it will not interfere in the classification of non-performing assets (NPAs) but directed lenders to ...
HDFC Bank loan restructuring: Who can avail the scheme, documents required, impact on credit reportAs per the FAQs released by the HDFC Bank, individuals are eligible to apply for loan restructuring irrespective of whether they have opted...
System-wide loan moratorium down to 25% due to resumption in business activities: Acuité RatingsFor the retail borrowers in banks, the share of moratorium loans came down to 45% in the phase 2 of moratorium against 60% phase 1. For cor...
Fears about India retail loan defaults overblown, Macquarie saysRBI has allowed borrowers to delay monthly payments on their loans until the end of August.
Which bank is giving automatic loan moratorium and which is not: Here's the listTo pay this additional interest, you may get an option to either increase your loan tenure without increasing your EMI amount or increase y...
- HDFC, BoR, Canara Bank cuts lending rates
Setting the ball rolling for lower interest rates on housing loans, private sector lenders HDFC and Bank of Rajasthan today cut lending rat...
- HDFC, BoR, Canara Bank cuts lending rates
Setting the ball rolling for lower interest rates on housing loans, private sector lenders HDFC and Bank of Rajasthan today cut lending rat...
- CRR hike negates chances of home loan rate reduction
The hike in cash reserve ratio (CRR) may reduce chances of a cut in home loan rates, but there is good news for home loan borrowers in RBI’...
- HDFC cuts rate on floating home loans by 0.50%
The country’s largest housing finance company, HDFC, on Monday announced a special interest rate of 10.50% for customers availing home loan...