RBI Governor Shaktikanta Das, as per the minutes, said the off-cycle monetary policy actions were aimed at lowering inflation and anchoring inflation expectations
With rates going up the interest outgo will increase but it will be higher if you go for a higher tenure and keep paying the same EMI
Rising inflation, high unemployment and depreciating currencies have given birth to a vicious cycle that could very well dismantle the fragile recovery that...
While prepayment of your home loan might seem beneficial, there are certain instances when one should not prepay the loan. Read here to find out when prepaying...
Mortgage lender HDFC Ltd on Saturday announced an increase in its benchmark lending rate by 30 basis points (bps), a move that will make loans dearer for both...
Real estate legal experts believe that home buyers have multiple legal avenues to claim refund from a developer. Read here to find out more.
Your financial life will undergo a change, with higher interest rates on loans, swing pricing on mutual funds, and a few other changes in the offing. Read here...
A savings bank account is usually the first stop when starting on the money management path. Here are three things you should avoid doing with your savings...
Taking an education loan would seem the easiest way to fund your dream of studying abroad. But it may not be that easy because of a lot of factors. Read here...
Earned Wage Access, which allows employees to draw their earned pay as advance to meet unplanned expenses, can go a long way in providing them easy liquidity...
If you are planning to buy a new car, it’s important to be aware of the various costs attached.
Earlier, the internal benchmark-based lending rate regimes had faced a multitude of issues, such as arbitrariness in the calculation of the base rate/MCLR and...
SBI has increased the MCLR lending rate by 10 basis points or 0.1 per cent. Read here to find out more about this and how your loan EMIs could go up.
Young investors should take the decision to buy real estate only after considering factors such as purpose of purchase, chances of living in that city for...
This was 24 per cent lower from a record Rs 7.72 lakh crore mobilised in 2020-21, data with Securities and Exchange Board of India (Sebi) showed
TDS on interest earned on excess contributions above Rs 2.5 lakh has been made effective from April 1, 2022, says EPFO
Experts are of the view that against the backdrop of rising inflation, the RBI is likely to keep the key repo rates unchanged
The recent hike comes after the Pakistani rupee plunged to an all-time low of Rs 188.18 against the US dollar in the inter-bank market
The RBI Governor-headed rate setting panel -- Monetary Policy Committee -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8
Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent,...
The MPC announces the bi-monthly monetary policy after deliberations on the prevailing domestic and economic situations
Cost of construction increased by 10-12 % annually; steel up by 30%, cement up 22%.
Following US central bank Federal Reserve announcing a 0.25 per cent increase in the benchmark interest rate, all eyes are on RBI’s next monetary policy...
Record-low mortgage rates below 3%, reached last year, are already gone. Credit card interest rates and the costs of an auto loan will also likely move up.
The Sensex opened at an intraday high of 870 points and the Nifty 50 index surpassed its important psychological level of 17,000.