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Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.

Retail inflation seen climbing on higher oil prices: reports

April will be the sixth straight month of inflation above the RBI's 4 per cent medium-term target.

11 May 2018 2:21 PM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Govt keeps small savings interest rates unchanged

Interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.3 per cent.

29 March 2018 12:54 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Interest hike to impact India Inc's capex: CII

Last week, RBI hiked the policy rate by 25 basis point for the first time in four years to curb rising inflationary...

13 Jun 2018 1:50 AM IST

Prime Minister Narendra Modi gestures as he speaks during a plenary session on the occasion of World Environment Day in New Delhi. (Photo: AFP)

RBI's rate hike upsets Modi's election year budget maths

Rate hike will push up govt's interest financing cost and add to the fiscal deficit pressure on one hand.

8 Jun 2018 9:15 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

Home loan and auto loan to go up as RBI hikes policy rate

The reverse repo rate, at which it borrows from banks, was also raised by similar proportion to 6 per cent.

6 Jun 2018 5:03 PM IST

Reserve Bank Governor Urjit Patel

RBI's interest setting panel continues deliberations for 2nd day

Retail inflation, a key data for RBI, has remained above 4 per cent since November 2017.

5 Jun 2018 3:23 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI's interest rate setting panel starts 3-day meet

MPC began 3-day meeting amid speculations that key interest rate may be hiked for the first time after four-and-half...

4 Jun 2018 4:14 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI in a tight spot, is expected to raise rates again

In June, repo rate was raised for the first time in over four years, by 25 basis points to 6.25 per cent.

1 Aug 2018 8:33 AM IST

HDFC Bank raises fixed deposit rates by up to 0.6 per cent

The deposit of maturity 6-9 months would earn 6.75 per cent, 40 basis points higher than previous rate.

6 Aug 2018 3:24 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank raises MCLR by 5-10 bps

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 IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank hikes fixed deposit interest rates

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 IST

Customers outside the Bank of Baroda branch at Juinagar, which did not have any CCTV.

Bank of Baroda hikes MCLR by 5 bps across tenors

The rise in MCLR will make home, auto and other loans costlier for customers.

5 Sept 2018 4:30 PM IST