Home » interest rate

You Searched For "interest rate"

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

RBI mandate on floating rate benchmark rates is credit negative for...

This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's...

10 Sept 2019 2:12 PM IST

SBI reduces interest rates on fixed deposits, home loans

SBI reduces interest rates on fixed deposits, home loans

The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.

9 Sept 2019 11:09 AM IST

The government was forecast to set a fiscal deficit target of 3.6 per cent of GDP for 2020-21, up from 3.3 per cent targeted for the current year, the poll found.

RBI makes mandatory for banks to link retail loans with external...

A move aimed at ensuring faster transmission of policy rate cuts to borrowers.

5 Sept 2019 10:49 AM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI to conduct long-term repo operations on Feb 17, 24 for Rs 50,000...

There will be no restriction on the maximum amount of bidding by individual bidders.

8 Feb 2020 12:38 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI cuts MCLR by 5 bps across tenors

The one-year MCLR has come down to 7.85 per cent per annum from 7.90 per cent.

7 Feb 2020 11:15 AM IST

RBI Governor Shaktikanta Das.

Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation,...

6 Feb 2020 11:54 AM 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.

Small savings rate may see moderation next quarter: DEA secy

Government refrained from cutting interest rates on small savings schemes, including Public Provident Fund.

3 Feb 2020 12:02 PM IST

Getting two-wheeler finance approved is fairly quick and easy. You require minimal documents for approval. Your loan is also sanctioned and disbursed quickly at IndusInd Bank. By arrangement

Key Benefits of Opting For IndusInd Bank Two-Wheeler Loan to Buy Your...

Your loan tenure significantly impacts your EMI and your interest payable

30 July 2021 12:29 AM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

Fuel prices to weigh on RBI's MPC 3-day meet from June 4

The domestic retail petrol and diesel prices are at all time high on account of rise in crude oil prices.

29 May 2018 5:13 PM IST

Industry chambers CII and Assocham on Sunday asked the government that the PNB fraud should not hinder bank loans to businesses which were showing signs of revival after being hit by demonetisation and GST.

Home, auto loan EMIs to go up as SBI, PNB hike lending rates

SBI raised its one year MCLR (marginal cost of fund-based lending rate) by 20 basis points to 8.15 per cent.

2 March 2018 11:12 AM IST

SBI is Indias largest public sector lender. (Photo: PTI)

SBI hikes lending rates by up to 20 bps to 8.15 per cent

This is the first lending revision by the bank since April 2016 and comes a day after it massively raised retail and...

1 March 2018 5:36 PM IST

RBI governor Urjit Patel

Patel headed MPC to decide on first monetary policy of FY19 on April...

Meeting schedule of the MPC for a year should also be published at least one week before the first meeting in that year.

21 March 2018 3:36 PM IST