RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...
12 Aug, 2026, 10.37 PM IST
RBI proposes new interest rate rules for regulated entities, seeks public commentsThe Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...
12 Aug, 2026, 10.00 PM IST
Canara Bank, Bank of Baroda increase lending rates: Why loan EMIs for these borrowers may rise after hikesBank of Baroda and Canara Bank have raised their lending rates. These banks increased their Marginal Cost of Funds Based Lending Rates by u...
12 Aug, 2026, 04.13 PM IST
Woman took a home loan at 12% interest, but Citi Bank charged up to 16.5% and recovered Rs 12.9 lakh extra; consumer commission orders refund and Rs 1 lakh compensationCiti Bank has been ordered to refund Rs 12,91,248 to a home loan borrower after the Delhi State Consumer Disputes Redressal Commission foun...
12 Aug, 2026, 02.33 PM IST
RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...
11 Aug, 2026, 04.16 PM IST
Indian middle class going 'broke' due to common spending trap: CA warns about financial habit that drains even future wealthThe Indian middle class may be facing a financial problem that is easy to miss while incomes and spending continue to rise. A CA has now po...
09 Aug, 2026, 08.37 PM IST
Student loans, GoI reading this rightIn a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher e...
07 Aug, 2026, 11.58 PM IST
Good news for HDFC Bank borrowers: Lending rates reduced across multiple tenures; check latest listIn a strategic move, HDFC Bank has reduced its MCLR rates across various tenures by as much as five basis points, effective from August 7, ...
07 Aug, 2026, 06.08 PM IST
SBI sees broad-based credit growth, sticks to 14-15% FY27 loan growth guidanceState Bank of India expects credit growth to remain broad-based across segments. The bank retained its loan growth guidance at fourteen to ...
07 Aug, 2026, 03.49 PM IST
19x leverage on FCNR(B) deposits and high returns may not work for NRIs based in Singapore in this caseFCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indi...
07 Aug, 2026, 02.24 PM IST
CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandThe real estate industry's leading organizations, CREDAI and NAREDCO, applaud the RBI's decision to maintain the current repo rate. This mo...
05 Aug, 2026, 06.04 PM IST
CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandRealtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home loan interest rates is expected to...
05 Aug, 2026, 05.01 PM IST
RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This deci...
05 Aug, 2026, 01.01 PM IST
Changes in EBLR & MCLR framework, interest rate charging mechanism and how reset dates are decided- RBI proposalRBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to ha...
05 Aug, 2026, 12.15 PM IST
Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from s...
03 Aug, 2026, 04.37 PM IST
Bank of Maharashtra slashes home loan rates to 7% with zero processing feesBank of Maharashtra has reduced its home loan interest rate to seven percent. This special offer includes a complete waiver of processing a...
02 Aug, 2026, 12.22 PM IST
Two Fed dissenters say higher interest rates needed to combat inflationTwo Federal Reserve officials dissented, favoring an immediate interest rate hike this week. Cleveland Fed President Beth Hammack stated in...
31 Jul, 2026, 07.18 PM IST