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The savings deposit rates of public sector banks are at a historical low since their deregulation in 2011. Both public and private banks have seen significant declines in average domestic term deposit ...
MUMBAI: Savings deposit rates of some public sector banks (PSBs) are prevailing at a historical low, since their ...
FADA VP noted that while state-run banks swiftly adjust loan rates after repo cuts, private banks often delay, citing ...
FADA has sought Reserve Bank of India intervention, claiming private banks are not passing on interest rate cuts to auto ...
Despite the RBI's repo rate cut, several private banks have allegedly not passed the benefits to the automobile buyers who ...
FADA demanded clear RBI guidelines mandating concessional lending rates, priority sector classification, and improved access ...
Mutual fund inflows surge as banks cut fixed deposit rates, with RBI's soft interest rate regime boosting economy.
Inflows into mutual funds (MFs) have been increasing steadily in the wake of banks cutting fixed deposit rates. The MF inflows are expected to gather further pace in the coming months as the RBI has ...
The transmission of the February and April rate cuts is now complete, validating the central bank's monetary stance and ...