The floating rate fixed deposit is linked to the repo rate as announced by the Reserve Bank of India, thus allowing depositors to earn more from their fixed deposits.
The central bank, according to economists and reports, could go for an additional interest rate hike of up to 125 bps this fiscal, taking the overall increase...
If the house is completed within the year and you take ownership of the house throughout the year, you can claim the interest paid for the entire year. Also,...
Most home buyers simply consider fundamental elements like down payment, EMIs, and home loan interest rate when signing the deal, but it’s important to look...
The bank said the rate on sight deposits would be increased by a half-point, to negative 0.25 per cent. Swiss interest rates have been negative for months,...
While the UK's central bank began raising interest rates earlier than its counterparts, the Bank of England is now trailing the US Federal Reserve in the...
It is well-known that the portfolio equivalent of not putting all your eggs in one basket is to diversify your portfolio investments across multiple asset...
The revised rates would be applicable across various tenors for domestic term deposits, non-resident ordinary (NRO) and non-resident external (NRE) term...
In its update to Global Economic Outlook, Fitch said India's economy faces a worsening external environment, elevated commodity prices, and tighter global...
The revised rates on Bajaj Finance FDs of up to 20 basis points are effective from June 14, 2022, and shall be applicable to fresh deposits and renewals of...
In times of uncertainty and crisis, Indians often take gold loans, despite the social stigma attached. Here are a few things to keep in mind before pawning...
With the changing nature of homebuyer demand, developers repurposed the supply with better designs and more amenities. The all-time low loan rates and...
The interest rate hike may be worrisome for existing and potential home and car loan borrowers as their interest rate and subsequent EMIs (Equated Monthly...
The central bank's rate setting panel will follow it up with a 0.35 per cent hike in rates at the next review in August, or make it into a 0.50 per cent hike...
Revised interest rate will be 2 per cent per annum for balances up to Rs 1 lakh. For incremental balances above Rs 1 lakh and up to Rs 2 lakh, the revised rate...
This is the latest hike in home loan lending rates by banks and housing finance companies after the RBI hike repo rate earlier this May, and comes into effect...
RBI Governor Shaktikanta Das, as per the minutes, said the off-cycle monetary policy actions were aimed at lowering inflation and anchoring inflation...
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...
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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...
