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State Bank of India hikes home loan rates by up to 30 basis points; other lenders may follow suit. (PTI Photo)

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Home, Car Loans Get Cheaper as Banks Cut Lending Rates

However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely...

12 Feb 2025 10:51 PM IST

Businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card and other digital modes of transactions, excluding credit cards.

Current Affairs

Credit Cards Slippages Remain Elevated Says RBI Bulletin

Mumbai: While accretion of bad loans in various retail loans such as vehicle loans and gold loans have shown...

22 Sept 2024 10:26 PM IST