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MUMBAI: HDFC Bank has raised its retail prime lending rate by 30 basis points, increasing the cost of borrowing for all floating rate home loan customers. The hike, effective May 9, follows the RBI pushing up on May 4 key policy rates by 40…

Image Source : FILE PHOTO The revised rates for new borrowers range between 7 per cent and 7.45 per cent, depending on credit and loan amount. HighlightsHDFC announced an increase in its lending rate by 30 bps The revised rates for…

MUMBAI: The HDFC-HDFC Bank merger will not impact margins as it would bring down the overall cost of funds. According to Keki Mistry, vice-chairman and CEO, HDFC, the group has not been able to communicate the merits of the merger. Mistry…

New Delhi: HDFC Bank on Saturday said it will raise up to Rs 50,000 crore in the next one year by issuing bonds aimed at financing infrastructure and affordable housing loan requirements of the customers. The decision was taken at the…

The Reserve Bank of India’s (RBI) Monetary Policy Committee on Friday unanimously decided to keep key repo rate unchanged at four per cent having ‘accommodative’ stance with focus on withdrawal of accommodation, raised the inflation…

The sweet spot for housing is still in the price range of ₹50 lakh to ₹ 1 crore’ The sweet spot for housing is still in the price range of ₹50 lakh to ₹ 1 crore’ HDFC Ltd. said it has approved retail home loans worth more than ₹ 2 lakh…

Aussie drivers have been slugged by record high petrol prices but one city is copping it harder than others from all directions.A way bigger than expected surge in prices has fuelled already strong expectations of a Reserve Bank of…

The New Year is usually when we vow to get fit and eat healthier, but it’s the perfect time to get your finances in tip-top shape.The New Year is usually when we vow to get fit and eat healthier, but it’s the perfect time to pull your…

<!-- -->RBI compiles data on sectoral deployment of bank credit from select 33 commercial banksCredit to medium industries saw a remarkable growth of 48.6 per cent in October 2021 size-wise compared to 20.8 per cent growth seen in the…

Major banks have changed their predictions for Australian housing prices, with one picking the year they will actually fall.Economists have revised their predictions for residential property prices, including when they will stop rising and…