Mumbai: The quarter per cent reduction in repo rate by the RBI on Tuesday is not likely to bring down interest rates on home loans, personal loans or car loans.
The central bank in its mid-quarter mo

With banks providing less than 10 per cent of the budget target as loans to 1 lakh tenant farmers in the state so far this fiscal, Chief Minister N. Kiran Kumar Reddy on Friday asked bankers to improv

The Reserve Bank of India (RBI) on Tuesday relaxed guidelines for Indian companies to raise money overseas through external commercial borrowings (ECB).

The RBI allowed companies to raise more funds

Chief minister J. Jayalalithaa on Thursday announced a 10-fold hike in the share capital towards crop loan meant for Adi Dravidars increasing it to Rs 2,500 from Rs 250.

According to an official rele

UBS downgraded State Bank of India to 'sell' from 'buy', saying a weak monsoon would add to its 'already high' non-performing loans while expecting margins to decline due to rising cost of funds and p

I have availed home and personal loans from a bank account of mine. Do I need to disclose details of these while seeking a new loan against my salary account?
Samik Malla
Hyderabad

You can get anot

The chairman of one of Greece's largest banks and his family took out loans totaling more than 100 million euros to finance an undisclosed stake in the bank, according to audit documents seen by Reute

The Reserve Bank of India (RBI) has increased the priority sector lending target for foreign banks with 20 branches or more to 40 per cent from 32 per cent in a phased manner over a maximum period of five years starting April 1, 2013.

I am a dentist. I am planning to construct a house, which will be partly funded by a personal loan. I would be shifting to the United Kingdom in three to four years. Please tell me if I will be allow

Morgan Stanley has maintained its 'underperform' rating on State Bank of India, with a target price of Rs 1,425 after a meeting with the lender's management.

The investment bank says 'asset quality p