However, experts believe that the RBI is unlikely to make such a move anytime soon, as domestic inflation remains a significant concern. Inflation in India has been rising recently, which poses a ...

Despite tighter lending norms impacting unsecured credit disbursal, credit-fueled consumption in India has surged, particularly for smartphones, electronics, and white goods, driven by aggressive ...

Where E = EMI; P = Principal amount ... Every bank’s interest rate on car loans may change according to the Reserve Bank of India’s change in the repo rate. Remember, your credit score ...

Retail inflation came in at 6.2% in October, the highest in 14 months, and outside the upper band of the Reserve Bank of ...

Meanwhile, the Reserve Bank of India (RBI) has kept the repo rate unchanged ... With a floating rate, the ROI on your EMI is calculated as per the “base rate” (standard lending rate of the ...

The overall CPI index has moved up from 147.2 in October 2019 to 196.8 in October 2024, an increase of a third in 5 years.

These payments include the principal amount as well as the interest i.e. EMI = Principal Amount ... of all leading financiers of India such as HDFC Bank, Axis Bank, IDFC First bank, etc.

India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win ...

India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that exceed the prescribed limit as foreign direct ...

Star India will make a web series on the Reserve Bank of India's 90-year-long journey to help people have a better ...

A jeweller in Mumbai was tricked by a man posing as an RBI employee, who used fake payment receipts to steal gold worth ₹1 lakh.

Bank of India credit cards come loaded with advantages like EMI options, worldwide acceptance, higher credit limits and flexible credit options. What more - the credit card application process is ...