Tag: interest rate
RBI Likely To Hold Interest Rates At Wednesday's Review
The Reserve Bank of India (RBI) is expected to hold key interest rates at its final monetary policy review for this fiscal on Wednesday -- its second after November's note ban -- in the wake of banks being flush with funds post-demonetisation and a firming up of global oil prices.....
Interest Rate On Small Saving Schemes Cut By 0.1%
The government on Friday lowered the interest rate on small saving schemes, including Public Provident Fund (PPF), by 0.1 per cent for the period between April 1 and June 30.....
RBI Keeps Policy Rate Intact; Stance Unchanged
In its penultimate monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Wednesday kept its key lending rate for commercial banks unchanged at 6.5 per cent for the second time in succession.....
Muted Growth Prompts RBI To Cut Key Lending Rate To 6%
Muted growth and subdued inflation prompted the Reserve Bank of India (RBI) on Thursday to lower its key lending rate for commercial banks by 25 basis points (bps) to 6 per cent. ....
EPFO Raises Interest Rate On PF Deposits To 8.25% For 2023-24
The Central Board of Trustees of the Employees' Provident Fund Organisation (EPFO) has recommended an interest rate of 8.25 per cent on Provident Fund deposits for 2023-24.....
RBI Likely To Leave Interest Rates Unchanged
The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keeping inflation in check. ....
RBI Holds Repo Rate, But Changes Stance To 'calibrated Tightening'
Belying market expectations of a hike, the RBI on Friday held its key lending rate unchanged in the context of an uncertain global economic scenario but turned hawkish, moving to a "calibrated tightening" from the "neutral" stance it has maintained over its six previous policy reviews.....
EPFO Cuts Interest Rate On PF Deposits To 8.5%
The Employees' Provident Fund Organisation (EPFO) on Thursday lowered the interest rate on provident fund deposits to 8.50 per cent for the financial year 2019-20, Union Minister for Labour and Employment Santosh Gangwar said on Thursday.....
Interest Rates On PPF, NSC Slashed
A big cut in small savings schemes will deliver a blow to savers who depend on these schemes for income and social security. ....
US Federal Reserve Makes Biggest Rate Hike Since 1994
The US Federal Reserve raised the interest rate by 0.75 percentage points, the highest on-shot increase since 1994, to tackle inflation that is at its highest in 40 years.....
