Benchmark yield hits 12-week high on S&P's downgrade warning
Benchmark bond yield gained five basis points to close at 6.76 per cent on Wednesday.
From Oct, loans to be linked to external benchmarks. How will this impact borrowers?
Loans linked to external benchmarks are going to be the ...
NY Fed chief says repo turmoil raises question on reserves
“We will continue to monitor and analyze developments closely,” Williams said.
5 changes that will impact your personal finances from October 1
Starting October 1, all I-T notices, letters or other tax-related correspondence will carry a unique number.
RBI throws ball back in govt’s court to boost growth: Analysts
The central bank acknowledged that it was concerned about inflation in the near-term.
IDBI Bank launches repo-linked home, auto loans at interest rates starting from 8.30% per annum
The private sector lender said these loans will be offered to new customers having good credit score and a minimum income of Rs 6 lakh per annum.
Gold rate today: Gold eases amid improving global sentiment
Brokerage SMC Global said bullion counters may witness some selling pressure at higher levels.
PNB ties up with NBFCs for co-orginating loans worth Rs 4,000 crore
The stress on NBFCs and HFCs is seen as a key reason for slowdown in the economy, as it has caused reduced credit flow to small businesses.
Home loans likely to get cheaper from this week
As banks shift to a new system borrowers could be paying less on their mortgages .
RBI group suggests longer term repo for liquidity management
Minimizing RBI's role in daily liquidity management would incentivise banks to trade among themselves.
RBI caught between the devil & the deep sea: Can it still gratify markets?
Foreign investors simply cannot ignore the high real rates that Indian bonds have to offer.
SBI plans to review repo-linked home loan
The repo-linked lending rate is a positive development as both customers and in many cases, those distributing the loans were not aware of the features of the repo-linked rate.
SBI links home loan interest rates to repo rate: Will borrowers gain?
SBI has decided to link its home loan interest rates to the repo rate. Here's what this means for borrowers.
Federal Bank to link savings deposit rate to external benchmarks
The Federal Bank said from September 1 its savings deposits up to Rs 2 lakh will earn interest in tandem with the repo rate.
Your loans change next month. Here's help
Major structural changes are afoot in the banking system. From 1 October, banks will move from the MCLR regime to external benchmarking. Wha...
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service