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RATE OF INTEREST
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- US July CPI seen rising moderately, Fed rate outlook in focusUS consumer prices are expected to have risen modestly in July, potentially easing market expectations of a Federal Reserve rate hike this ...12 Aug, 2026, 11.31 AM IST
- FD interest rates up to 7.50% in August 2026: These 3 banks have revised FD rates; senior citizens can now get up to 8.05% rateFixed deposit interest rates: Union Bank of India, DCB Bank and Indian Bank have revised their fixed deposit (FD) interest rates. These rev...12 Aug, 2026, 09.32 AM IST
- Dollar subdued as markets await US inflation data for Fed cluesAs Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from th...12 Aug, 2026, 07.28 AM IST
- Fed’s Austan Goolsbee says inflation is the biggest problem on Fed rate signalChicago Fed President Austan Goolsbee has voiced significant worry over soaring inflation, recognizing it as the foremost challenge facing ...12 Aug, 2026, 01.15 AM IST
- Fed says too little, RBI is too predictable. Both may have a problemThe US Fed and RBI face opposite communication risks: Kevin Warsh’s reduced guidance leaves markets uncertain about how the Fed will react,...11 Aug, 2026, 11.53 PM IST
- HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bpsHDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by te...10 Aug, 2026, 11.06 PM IST
- Global Market: BOJ rate hike case strengthens as policymakers warn of rising inflation risksThe case for a Bank of Japan rate hike as soon as September has strengthened, with several policymakers signalling support for a faster pac...10 Aug, 2026, 01.01 PM IST
- US stock rally faces inflation test as investors weigh Fed rate pathUS stocks’ technology-led rally faces a crucial test this week as investors await inflation data for clues on the Federal Reserve’s interes...10 Aug, 2026, 09.22 AM IST
- Dollar drops as weak US jobs data pushes out Fed hike expectationsThe US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result,...08 Aug, 2026, 10.17 AM 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
- RBI's Rate Pause Sustains Steady Momentum in Residential Real EstateIndia's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The Reserve Bank of Ind...07 Aug, 2026, 04.21 PM IST
- Can NRIs invest in RBI Floating Rate Savings Bonds offering 8.05% interest rate?Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing ...07 Aug, 2026, 04.12 PM IST
- Mortgage rates hit highest level in over a year. Here's what it means for homebuyers in the USUS mortgage rates have climbed for five consecutive weeks, reaching a yearly high. This trend makes homeownership increasingly difficult fo...07 Aug, 2026, 12.14 AM 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
- RBI policy: Will high-interest rate cycle return for FD investors as RBI holds repo rate amid rising inflation?RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band,...05 Aug, 2026, 10.56 AM 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
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