Home loan rates set to drop to lowest since 2008
RBI cuts repo rate to 5.25%, pushing home loan rates towards 7.1%. EMI on Rs 1 crore loan could fall by Rs 1,440/month. Discover how this impacts borrowers and lenders.
RBI cuts repo rate to 5.25%, pushing home loan rates towards 7.1%. EMI on Rs 1 crore loan could fall by Rs 1,440/month. Discover how this impacts borrowers and lenders.
The RBI cut the repo rate by 25 bps to 5.25%, its fourth reduction in 2024. This move signals another round of FD rate cuts. Learn how to protect your savings and lock in higher returns before banks act.
RBI mandates banks to offer ATM cards, cheque books & unlimited deposits in BSBD accounts. Existing customers can now switch. Discover the new banking freedom.
Maharashtra teachers plan a strike despite pay-cut threats, protesting the Supreme Court's mandatory CTET order. Education Minister Dada Bhuse appeals for calm while the government studies the verdict.
Compare top FD interest rates from leading NBFCs like Muthoot Capital (9.10%), Shriram Finance, and Bajaj Finance. Find the best returns for your investment tenure. Make an informed choice today!
Iran's Supreme Leader Ayatollah Khamenei asserts women's role as 'managers of the home,' not servants, while defending mandatory hijab laws. He claims Islam allows full participation in society. Read the full story.
Prayagraj Magh Mela introduces strict safety measures for boatmen, including life jackets, fare lists, and fitness certificates. New river line aims to prevent collisions. Read more.
Top Chinese banks, including ICBC and AgBank, have removed high-interest 5-year certificates of deposit to cut costs. This move aims to ease pressure on record-low profit margins as lenders support the economy. Learn the implications for savers and the ba
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
Gujarat High Court questions SBI, PNB & AMCo Bank for withholding widow's joint FD savings. Dispute arises from her late husband's alleged will to another woman. Read the full story.
Over 30 teachers' unions in Maharashtra will strike on December 5, demanding resolution on staffing patterns and CTET mandate. Schools may shut. Read full details.
EPFO announces no further extension for mandatory Aadhaar seeding with UAN for ECR filing after Oct 31, 2025. Check if your PF account is compliant to avoid issues.
Jharkhand Academic Council mandates PAN for exam forms, causing stress for students facing documentation issues. Deadline pressure mounts as technical glitches slow applications. Read more.
Gujarat University held crucial meeting with college principals to implement NEP's 120-hour internship requirement. Learn how students can fulfill this new mandate.
RBI raises alarm over widening credit-deposit gap in Indian banking. Expert analysis on why this ratio needs urgent attention and potential solutions.
Compare fixed deposit rates from HDFC, ICICI, SBI & more. Discover how a 0.5% difference can earn you extra ₹15,000-30,000. Make informed investment decisions today!
PM Modi released the 21st PM-KISAN instalment of ₹18,000 crore benefiting 9 crore farmers. Learn how to check your ₹2,000 deposit status and eligibility criteria.
Brazil's Banco Master faces liquidation after CEO Daniel Vorcaro's arrest at Sao Paulo airport. The collapse could cost deposit insurance system 55 billion reais, impacting major Brazilian banks.
Learn how interest and dividends from inherited fixed deposits and shares are taxed during legal transfer delays. Essential tax compliance guide for legal heirs in India.
Jharkhand's credit-deposit ratio climbs to 52.19%, signaling economic growth. Finance minister urges banks to focus on inclusive lending and govt schemes. Read more.
Indian Railways introduces major policy change requiring Aadhaar for ticket reservations through IRCTC. Learn how this affects your travel plans and what you need to know about the new verification process.
Learn how to seamlessly link your Aadhaar with bank accounts using multiple methods - online, SMS, ATM, or offline. Our comprehensive guide covers everything you need to know about this mandatory process.
In a landmark judgment, Delhi High Court mandates EPFO membership for international workers, reshaping employment norms for foreign staff in India and impacting corporate hiring strategies.
Discover the crucial difference between bank nominees and legal heirs in India. Learn why your FD nominee might not be the final recipient and how inheritance laws determine who gets your money.
In a dramatic Supreme Court hearing, it was revealed that ₹33.25 lakh was deposited by intervenors in the ongoing stray dog management case. Discover the full story behind this controversial development.
India's banking sector witnesses robust credit growth as festive demand drives loan disbursements, pushing the credit-deposit ratio beyond 80% for the first time in recent history, according to CAREEdge Ratings analysis.
Discover the ultimate comparison between PPF and Fixed Deposits for long-term investment. Learn which option offers better returns, tax benefits, and financial security for your future.
RBI clarifies banks cannot mandate home loan insurance. Learn how to protect your rights and save money on unnecessary insurance premiums with our comprehensive guide.
Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.
Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.