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Reserve Bank Governor Urjit Patel

RBI policy meet begins; decision on key rate tomorrow

MPC meeting outcome on Wednesday is being keenly awaited by all stakeholders including the industry and stock markets.

5 Dec 2017 4:18 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 likely to keep interest rate on hold for 2nd time in a row

Central bank had reduced benchmark lending rate by 0.25 percentage points to 6 per cent in August.

4 Dec 2017 10:08 AM IST

Reserve Bank of India

RBI likely to keep interest rate at 6 per cent, focus on inflation...

RBI may keep the short term lending rate unchanged as inflation trajectory is likely to remain upward in the coming...

3 Dec 2017 1:52 PM IST

Reduction in MCLR is expected to positively impact loan growth.

State-run IDBI Bank reduces MCLR by 30-35 bps

Bank has reduced its minimum lending rate to 8.20 per cent from 8.50 per cent.

6 Feb 2017 6:16 PM IST

The milestone came as NTPC Ltd, Indias largest power producer, commissioned a 45 MW solar power project at Bhadla in Jodhpur, Rajasthan.

Low interest rate likely to brighten solar sector: Ind-Ra

Ind-Ra observed that the benefit of interest rate reduction will be the least for the annuity sector.

21 April 2017 11:23 AM IST

The bank said the new MCLR rate will take effect from December 11. (Photo: PTI)

OBC cuts MCLR by 0.05 per cent for select tenors

MCLR for overnight, and six-month lending have been kept unchanged at 8.10 per cent and 8.30 per cent.

9 Dec 2017 11:19 AM IST

Federal Reserve Chair Janet Yellen

Fed raises interest rates, keeps 2018 policy outlook unchanged

US central bank to raise rates by a quarter of a percentage point to a range of 1.25 per cent to 1.50 per cent.

14 Dec 2017 11:07 AM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

Govt okays 8.65 per cent interest on EPF for FY17

EPFO is an autonomous body and provides interest on EPF deposits from its own income.

28 April 2017 2:33 PM IST

Labour Minister Bandaru Dattatreya

Govt wants to retain 8.8% interest on EPF

The CBT is scheduled to meet on Monday where the issue of interest rate is listed on the agenda.

15 Dec 2016 4:22 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Fed expected to raise rates for first time in a year

The move would bring the rate from 0.5 per cent to 0.75 per cent, likely nudging up the cost of some consumer and...

14 Dec 2016 4:05 PM IST