With spike in gilt yields, FD rates inch…

(This story originally appeared in on Mar 06, 2021)MUMBAI: Even as yields on gilts rise and borrowers hold back on their fresh bond issues, banks are reducing rates on home loans. ICICI Bank is the…

Even without a stimulus deal, the Fed, which…

Although a second stimulus plan is still up in the air, the Federal Reserve is determined to push consumer borrowing costs even lower as the economic recovery takes hold — giving everyday Americans a reason…

When interest rates are low, how to make…

NEW DELHI: Mortgage lender HDFC has just reduced deposit rates on medium-term investments to the lowest in 43 years. Deposit rates on a 66-month investment fell 20 basis points to 6.25 per cent from 7.75…