Tag: interest rate
The Reserve Bank of India (RBI) is expected to hold key interest rates at its monetary policy review - 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.....
The Reserve Bank of India (RBI) will keep a close watch on certain data like crude oil prices, US economic data and monsoon, to consider a future cut in its lending rates, Vice Chairman and Chief Executive Officer of HDFC Keki Mistry said.....
Market expectations of an interest rate hike by the US Federal Reserve later on Wednesday have heightened sharply following strong employment data released last week.....
The first tranche of the Sovereign Gold Bonds (SGB) scheme will open for public subscription on Monday, the government has announced. ....
The Central government has approved 8.65 per cent interest rate on the Employees' Provident Fund (EPF) deposits for 2016-17, officials said on Friday. ....
Country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced rates on term deposits.....
The government on Tuesday steeply cut interest rates on various small savings schemes in line with sharp cut in policy rates announced by the Reserve Bank of India on Friday where it reduced repo rate by 75 basis points.....
Former Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates on small savings and PPF and said it may be "technically correct but it's wrong time" as the country is amid lockdown due to fear of coronavirus and people have no way of income. ....
Canara Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans and Advances across all tenors with effect from April, for the amalgamated entity.....
The HDFC Bank has reduced the marginal cost of funds-based lending rates (MCLR) on loans across tenors by 20 basis points with immediate effect.....