deposit rates News

SBI Slashes Fixed Deposit Rates by 10bps Following RBI's Recent Rate Cut Decision

Following the RBI's recent rate cut, SBI has reduced its deposit rates by 10bps, affecting select tenors and potentially lowering borrowing costs. The move aligns with broader mone...

RBI Announces Rate Cut: What It Means for Banks and Your Savings

The RBI has started its rate-cutting cycle, but deposit rates remain high. Experts discuss the delayed impact on banks' cost of funds and the potential for future rate adjustments.

Despite RBI's Liquidity Boost and Rate Cuts, Corporate Loan Costs Remain Unchanged

The Reserve Bank of India has injected significant liquidity and cut rates, yet corporate loan costs remain high due to steady MCLR rates and banks' reluctance to lower deposit rat...