HDFC Bank raises loan interest rates; check all the details here
Wednesday, 7 February 2024 HDFC Bank has updated its loan interest rates, impacting various tenures. The Marginal Cost of Funds-Based Lending Rates (MCLR) now range from 8.90% to 9.35%. The Base Rate is 9.25% and the Benchmark Prime Lending Rate is 17.85% per annum.
Jerome Powell Says the ‘Time Is Coming’ , for Interest Rate Cuts.
In an interview with '60 Minutes' on Jan. 4, the
Federal Reserve chair said the central bank is still on track
to reduce interest rates later this year, Fox News reports. .
There is no easy, simple, obvious
path. We have to...
The Bank of England’s former chief economist, Andy Haldane, has cautioned that unless the central bank promptly reduces interest rates to alleviate the financial strain on households amid the cost of..
Credit Card Debt , in the US Hits Record , $1.13 Trillion.
According to the latest data from the Federal Reserve
Bank of New York, the credit debt balance of consumers
in the United States has hit a..
Credit: Wibbitz Top Stories Duration: 01:31Published
Andrew Bailey says the decision to cut interest rates has “moved on” from how high rates will go to “how long we have to be here until we cut them”. The Bank of England governor says the MPC..