The six-month MCLR is set at 9.40 per cent and the one year rate which is linked to many consumer loans, stands at 9.45 per cent.

HDFC Bank raised its MCLR for 3-month tenure by 5 basis points, with its MCLR interest rates now ranging between 9.10% and 9.45%

HDFC Bank raised its MCLR for 3-month tenure by 5 basis points, with its MCLR interest rates now ranging between 9.10% and 9.45%

OTTAWA — The Bank of Canada delivered its third consecutive interest rate cut Wednesday, bringing its key lending rate to 4.25 per cent.

Confidence is gradually returning to consumers, with interest rate hikes broadly off the table and tax relief helping to beat the blues.

Confidence is gradually returning to consumers, with interest rate hikes broadly off the table and tax relief helping to beat the blues.

The Bank of Canada delivered another interest rate cut, a trim to 4.25 per cent at its Wednesday policy meeting.

The Bank of Canada delivered another interest rate cut, a trim to 4.25 per cent at its Wednesday policy meeting.

A bit of history Islamic finance during the time of the Prophet Muhammad was characterized by real transactions such as sale on credit and...

A bit of history Islamic finance during the time of the Prophet Muhammad was characterized by real transactions such as sale on credit and...