Four of six members of the MPC voted to cut the rates, while all six members voted for a change in the stance.
07 Feb 2019 12:08 PM
A 25 basis point rate cut by mid-2019 is to be expected.
05 Feb 2019 10:53 AM
As many as 10-15 CPSEs have shown interest to try the debt ETF route for fund raising in next fiscal.
01 Jan 2019 10:58 AM
The new rates ranging from 5 to 10 bps are applicable for deposits below Rs 1 crore and are effective immediately.
29 Nov 2018 12:09 PM
The bank will offer 7.50 per cent interest on deposits under Rs 1 crore for a tenor of above two years up to three years.
14 Nov 2018 5:42 PM
HDFC Bank, Punjab National Bank (PNB) and Canara Bank revised their interest rates recently.
13 Nov 2018 12:38 PM
HDFC Bank raised interest rates on deposits by up to 0.5 pc, while Bank of Baroda hiked lending rates by 0.1 pc.
07 Nov 2018 10:43 AM
India’s retail inflation rose to 3.77 per cent in September from 3.69 per cent in August.
20 Oct 2018 11:16 AM
Interest rate would apply on Provident Funds of central govt employees, railways and defence forces.
16 Oct 2018 4:02 PM
RBI in its monetary policy meet in August had decided to hike the key interest rates from 6.25 pc to 6.50 pc.
05 Oct 2018 2:44 PM
A rate hike should make domestic yields on debt more attractive for foreign investors.
05 Oct 2018 10:41 AM
Interest on savings deposits has been retained at 4 per cent, annually.
20 Sep 2018 10:52 AM
The rise in MCLR will make home, auto and other loans costlier for customers.
05 Sep 2018 4:30 PM
The rupee has now depreciated by 6.2 per cent since June 2018 when RBI started hiking rates.
04 Sep 2018 5:10 PM
For three and six months of tenor, the new MCLR will be 8.45 per cent and 8.60 per cent.
15 Aug 2018 9:30 AM
ICICI Bank offers best FD rate of 7.75 per cent on term deposits for a tenure of 2 years 1 day to 5 years.
14 Aug 2018 5:53 PM
The deposit of maturity 6-9 months would earn 6.75 per cent, 40 basis points higher than previous rate.
06 Aug 2018 3:24 PM
In June, repo rate was raised for the first time in over four years, by 25 basis points to 6.25 per cent.
01 Aug 2018 8:33 AM
BOJ decided to maintain its short-term interest rate target at minus 0.1 per cent.
31 Jul 2018 12:23 PM
Experts are divided in their opinion about the likely action of Reserve Bank of India on the benchmark lending rate.
30 Jul 2018 6:41 PM