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EPFO is a retirement fund body that has a savings corpus of Rs 6.5 lakh crore. (Photo: Representational/PTI)

Govt retains GPF interest rate at 7.8 per cent for Oct-Dec

This would apply on Provident Funds of central government employees, railways and defence forces.

25 Oct 2017 1:01 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI may cut rate in December as inflation recedes: BofAML

Retail inflation is expected to stay muted at around 3.5 per cent in September and 3.3 per cent in October.

10 Oct 2017 3:12 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI panel suggests external benchmark rate in place of MCLR

Reserve Bank's policy repo rate are better suited than other interest rates to serve role of an external benchmark.

5 Oct 2017 9:52 AM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI may leave rates on hold after higher prices: experts

RBI in its policy review meet on October 4, kept benchmark interest rate unchanged on fears of rising inflation.

14 Nov 2017 12:08 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI brings home loan rate to lowest in industry at 8.30 per cent

Rates have been reduced by 5 basis points (0.05 per cent) in all other loan brackets.

2 Nov 2017 2:46 PM IST

Dena Bank stock traded 1.59 per cent down at Rs 30.85 on BSE.

Dena Bank cuts MCLR lending rate by up to 20 bps

The loans with 3 and 6 month and 1 year tenors will have a reduced MCLR by 0.15 per cent.

29 Sept 2017 5:26 PM IST

The stock was trading at Rs 120.50 on the BSE on Friday, up 0.54 per cent from its previous close.

Oriental Bank of Commerce lowers base rate by 0.05 per cent

Bank has revised the base rate from 9.50 pc per annum to 9.45 pc per annum with effect from 03.10.2017.

29 Sept 2017 2:08 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Bank of Baroda cuts base rate by 0.15 per cent to 9.15 per cent from...

Method which charges interest on credit worthiness of customers, has also been cut to 13.45 per cent per annum.

28 Sept 2017 3:58 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Icra sees RBI leaving rates unchanged on October 4

The repo rate at present at 6 per cent, there maybe room for further monetary easing.

28 Sept 2017 3:12 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI may opt for status quo in next policy: SBI report

Monetary Policy Committee of RBI reduced the key interest rate by 25 basis points to 6 per cent in August.

27 Sept 2017 6:47 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI likely to keep policy rate on hold till fiscal-end: report

The rate cut was the first in 10 months and brought policy rates to a near 7-year low.

17 Sept 2017 11:08 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Lending rate cuts key to economic revival: BofAML

The rate cut was the first in 10 months and brought policy rates to a near 7-year low.

3 Sept 2017 11:33 AM IST