How to make your mother tech savvy with her financial matters

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Home loan: These 5 banks offer the lowest interest rates

RBI raised the repo rate by 40 basis points to 4.40 percent, up from 4% earlier. The interest rate cycle has officially begun to rise. In light of this, here are the five banks offering the lowest home loan interest rates at present.

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How much your home loan EMI will increase after RBI's 40 bps repo rate hike

In an off-cycle meeting, RBI hiked key policy rates (repo rate and standing deposit facility) by 40 basis points. The hike was done to deal with changing macroeconomic conditions and higher inflation. A hike in the repo rate would mean a hike in the interest of loans, especially for home loan borrowers. The interest rate on home loans is linked to an external benchmark such as repo rate.

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Kotak Mahindra Bank hikes FD interest rates

The bank will provide interest rates ranging from 2.5 percent to 5.75 percent on FDs maturing in 7 days to 10 years. Kotak Mahindra Bank's FD rate increase will be effective on May 6, 2022, for all deposits under Rs 2 crore.

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Best money gifts for mom on Mother’s Day

Best money gifts for mom on Mother’s Day

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How to safeguard property rights of senior citizens

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SBI offers loan to LIC employees to invest in IPO

According to the SBI website, all employees with one year of confirmed service are eligible to apply for the loan. They can avail loan up to Rs 20 lakh.

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RBI's surprise repo rate hike to push up your loan EMIs, FD interest rates

RBI's surprise repo rate hike to push up your loan EMIs, FD interest rates

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How to apply for LIC IPO Using UPI ID

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ICICI Bank, Bank of Baroda hike interest rates of repo rate linked home loans; EMIs to go up

The governor of the Reserve Bank of India (RBI) announced a surprise 40 basis point (bps) increase in key policy rates on Wednesday. ICICI Bank and Bank of Baroda are among the banks that have raised their external benchmark related loan interest rates.

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Home loan EMIs set to rise, Axis Bank's Rajiv Anand gives rate hike timeline

In a surprise move, Reserve Bank of India (RBI) has hiked the repo rate by 40 bps up to 4.40% from 4% earlier. It appears that borrowers should prepare for an increasing EMI burden and FD investors can hope for better returns on new FDs. Rajiv Anand of Axis Bank says home loan rates will rise in the next three months. He saids deposit rates will also go up in the coming months.

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Editor's view: ET Now's Nikunj Dalmia shares his take on RBI's repo rate hike

RBI has hiked the repo rate by 40 bps up to 4.40% from 4% earlier. The last time repo rate was cut was in May 2020 and has been kept unchanged since then. Hike will come into effect immediately.

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IDFC First Bank revises savings account interest rates: Check to earn 6% how much you need to invest

IDFC First Bank has modified its savings account interest rates, which will be effective from May 1, 2022. For IDFC First Bank customers, interest on savings accounts will be calculated in a progressive way.

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