interest rate
RBI seen raising rates again as rupee slide accelerates
A rate hike should make domestic yields on debt more attractive for foreign investors.
Interest rate on small savings hiked after several yrs; PPF to fetch 8 pc now
Interest on savings deposits has been retained at 4 per cent, annually.
Bank of Baroda hikes MCLR by 5 bps across tenors
The rise in MCLR will make home, auto and other loans costlier for customers.
Rupee may decline further against US dollar: State Bank of India report
The rupee has now depreciated by 6.2 per cent since June 2018 when RBI started hiking rates.
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.
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.
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.
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.
BOJ takes steps to make policy flexible but vows to keep rates low
BOJ decided to maintain its short-term interest rate target at minus 0.1 per cent.
Reserve Bank of India's interest rate setting panel starts 3-day meet
Experts are divided in their opinion about the likely action of Reserve Bank of India on the benchmark lending rate.