More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under moratorium by RBI due to supervisory concerns. An administrator and committee ...

With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...

State Bank of India (SBI) reduced interest rates on new retail and business loans tied to external benchmarks, following the RBI's repo rate cut. Home loan rates now range from 8.25% to 9.2% based ...

The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or ...

The RBI said it is “satisfied” with the remedial measures undertaken by the private sector lender, and allowed it to issue new credit cards and onboard new customers through the online and ...

Gold loan rates are not likely to come down for borrowers even as the Reserve Bank of India (RBI) cut the repo rate in January, according to George Alexander Muthoot, managing director (MD ...

International Monetary Fund (IMF) has said the banking systems and profitability are largely insulated from inflation and increase in interest rates in both advanced and emerging economies.

At the time, rates were jumping higher in response to inflation data. That same morning, the Consumer Price Index (CPI) showed consumer inflation accelerating much faster than expected last month.

The Reserve Bank of India (RBI) has imposed strict restrictions on New India Co-operative Bank in Mumbai, citing supervisory concerns over its financial position. As per the restrictions which are ...

30-year mortgage rates inched slightly lower this week during a volatile period for bond markets but remained close to 6.9%. The average 30-year mortgage rate fell two basis points to 6.87% this ...

On 13th February, RBI issued an order barring the Mumbai-based bank from conducting futher business. No new loans can be issue, withdrawals have been suspended for six months due to liquidity ...

RBI India Bank news: The central bank has banned the lender from issuing new loans and suspended deposit withdrawals for six months, citing supervisory concerns and liquidity issues. Reserve Bank of ...