However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...

In his final address as President of ICAI for 2024-25, the author reflects on a transformative year for the profession, ...

The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to cut the policy repo rate by 25 basis points, from ...

The NIM of the lender shrank to 3.15% in Q3FY25, from 3.27% in the second quarter, and 3.34% in the year-ago period. The ...

He said the asset liability committee of the bank will meet this week and the external benchmark linked loans would be ...

Reserve Bank of India (RBI) has permitted correspondent banks from 30 countries to open Special Rupee Vostro Accounts (SRVAs) with banks in India ...

RBI cuts policy rate by 25bps to 6.25%, aiming to boost slowing growth while managing inflation; further cuts expected in ...

Real estate business leader Niranjan Hiranandani said affordable housing segment will get yet another boost with the reduction in repo rate by the RBI monetary ...

The State Bank of India (SBI) is targeting to keep its current account savings account (CASA) at 40% and deposit growth rate ...

Jefferies, Nomura, Macquarie and Morgan Stanley pointed out concerns over SBI's net interest margins despite robust asset ...