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Axis Bank hikes home loan, other loan interest rates by 30 bps: Check latest ratesAxis Bank has boosted its marginal cost of funds-based lending rates (MCLR) across tenures by 30 basis points. The revised prices will go i...19 Dec, 2022, 03.29 PM IST- ICICI Bank hikes home loan interest rates; this is how much your EMIs will increaseICICI hiked the ICICI Bank External Benchmark Lending Rate (I-EBLR) to 9.10% p.a.p.m. effective from August 5, 2022. The announcement was m...08 Aug, 2022, 02.32 PM IST
- How much your home loan EMI will increase after RBI's 40 bps repo rate hikeIn an off-cycle meeting, RBI hiked key policy rates (repo rate and standing deposit facility) by 40 basis points. The hike was done to deal...06 May, 2022, 12.33 PM IST
- ICICI Bank, Bank of Baroda hike interest rates of repo rate linked home loans; EMIs to go upThe governor of the Reserve Bank of India (RBI) announced a surprise 40 basis point (bps) increase in key policy rates on Wednesday. ICICI ...06 May, 2022, 12.31 PM IST
- Banks offering home loans below 7% interest rate for self-employed borrowersJust like for salaried home loan borrowers, self-employed borrowers should also compare and shop around for the best interest rate for thei...05 Jan, 2022, 12.45 PM IST
- Should you take loans linked to benchmarks other than repo rate? Which banks offer these?According to the RBI Monetary Policy Report, 36 banks out of 62 banks have adopted repo rate as an external benchmark whereas six banks hav...24 Apr, 2020, 03.09 PM IST
- SBI reduces external benchmark rate by 25 bps; loans to get cheaperThe revised effective benchmark lending rate of 7.8 percent (down from 8.05 percent) will come into effect from January 1, 2020. New home b...30 Dec, 2019, 10.12 AM IST
- Indian Overseas Bank decides to link retail and MSME loans to repo rateAll the new loans under the retail segment and micro and small enterprises categories will be offered with Repo Linked Lending Rate (RLLR) ...18 Sep, 2019, 11.42 AM IST
- India will soon have to decide on sharing daily US dollar-Rupee rate with overseas exchangesCurrently, only registered users can access reference rate on same day; SGX in talks with FBIL.15 May, 2019, 11.24 AM IST
- RBI defers linking loan interest rates to external benchmark"It has been decided to hold further consultations with stakeholders and work out an effective mechanism for transmission of rates," said t...04 Apr, 2019, 12.07 PM IST
- Interest Rates on home, auto & MSME loans to be linked to new benchmarkFinal guidelines on the benchmarks will be issued by end-December.06 Dec, 2018, 08.21 AM IST
- Good news for borrowers: RBI to link interest rates to external benchmarks replacing MCLRThe RBI in its statement has proposed that from April 1, 2019, banks will be using external benchmarks instead of the present system of int...05 Dec, 2018, 03.54 PM IST
- RBI proposes new method to benchmark floating rate of loans for MSMEsThe Reserve Bank of India said there will be a new external benchmarking of Floating Rate loans by Banks to MSMEs.05 Dec, 2018, 03.04 PM IST
- FBIL takes over from FIMMDA for valuation of government securitiesAs per RBI directive, FIMMDA has ceased to publish prices/yield of government securities from March 31, 2018.02 Apr, 2018, 03.27 PM IST
- India readies daily benchmark gauges for rates“FBIL will start publishing the MIBOR-OIS rates with effect from 2nd April 2018,” FBIL said in a release.14 Mar, 2018, 09.03 PM IST
- New benchmark rate for CDs, T-bills to be launched soonFBIL already publishes the overnight and term Mumbai interbank offer rate (MIBOR).14 Aug, 2017, 09.40 AM IST
- Financial Benchmarks India Pvt Ltd to begin setting overnight benchmark ratesThe FBIL also proposes to take over administration of forex benchmarks and other Indian Rupee interest rate benchmarks over a period of tim...22 Jun, 2015, 07.55 PM IST
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