Weighted average lending rate on fresh rupee loans of SCBs stand at 9.54% in Oct-24 ...
RBI released data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of November 2024 yesterday. The ...
Fresh rupee loans disbursed by banks turn costlier
Banks increased the cost of fresh rupee loans to 9.54% in October, up 17 basis points from September, while the cost of fresh ...
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Sachin Bansal-led Navi Finserv Gets RBI Relief; Restrictions Lifted - Details
The Reserve Bank of India on Monday lifted the restriction that it had earlier announced on Navi Finserv Limited, which is a ...
Cost of fresh rupee loans rises 17 basis points in October
In October, fresh rupee loans disbursed by scheduled commercial banks became costlier, with the weighted average lending rate rising to 9.54%, up by 17 basis points from September. However, the cost ...