A reset clause applies to both fixed rate as well as mixed-rate home loans and allows the lender to transition to a floating rate scenario after a certain period
Several banks are raising interest rates on fixed deposits. Here are some precautions to avoid missing out on higher interest rates, as well as some tips for those interested in FDs.
This was way higher than a net withdrawal of Rs 34,545 crore from the segment in 2021, the Association of Mutual Funds in India (Amfi) data showed
Investors are awaiting an interest rate decision by the Federal Reserve, which is expected to temper its efforts to tame inflation given the recent turmoil that has wracked the banking sector
On Wednesday, the S&P 500 fell 1.1% to 4,117.86 and the Nasdaq fell 1.7% to 11,910.52
This was the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September. In all, the RBI has raised the benchmark rate by 2.25 per cent since May this year
HDFC Bank and Yes Bank have joined other banks in raising fixed deposit rates. Here’s a look at which bank is offering the best rates after the latest hike
The increase brings the key rate to 2.5 per cent in the European Union country, which does not use the euro currency so it is not part of the European Central Bank's decision-making.
As per the RBI data, the housing loan outstanding of the banks was at Rs 8,60,086 crore at the end of fiscal 2016-17, and the same has increased to Rs...
Underlining that geopolitical tensions, soaring crude oil prices and worries around recession in the developed countries are some of the major risks...
The RBI is likely to go for a 50-bps increase to take it to a three-year high of 5.9 per cent from the present 5.4 per cent
The Bank of England raised its benchmark rate to 2.25% on Thursday, matching its half-point increase last month — the biggest hike in 27 years. The decision...
As interest rates keep rising, your EMI will become higher. Here’s how much the increase will be and what you can do to soften the blow
For the first time since August 2018, RBI had on May 4 delivered a blunt 40 basis points increase in key repo rate to 4.40 per cent, and also hiked the cash...
Experts are of the view that against the backdrop of rising inflation, the RBI is likely to keep the key repo rates unchanged
HDFC Bank, HDFC, Infosys, Tata Consultancy Services, Kotak Mahindra Bank and Axis Bank were among the top drags on the Sensex