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Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

Host of lenders led by State Bank of India (SBI) and Bank of India hiked lending rates after the Reserve Bank raised the benchmark interest rate to tame inflation. Illustration: Uttam......

HDFC raises lending rate by 50 bps; EMIs to increase

Mortgage lender HDFC Ltd on Friday hiked its lending rate by 50 basis points hours after the Reserve Bank raised the benchmark interest rate to tame inflation. Photograph: PTI Photo The move......

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming......

Factors that will drive the markets this week

The domestic stock market may face volatility amid the monthly derivatives expiry scheduled this week, while investors would mainly await the outcome of RBI's interest rate decision on Friday, said......

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Investors' wealth eroded by over Rs 4.90 lakh crore on Friday amid a sharp fall in equities. Photograph: Utpal Sarkar/ANI Photo The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to......

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