Interest Rate | The Asian Age

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For retail deposits, below Rs 1 crore, rates have been increased by up to 0.50 per cent.

SBI revises deposit rates for various tenors by up to 0.75 pc

Rates for bulk deposits maturing between two to less than three years is increased by 0.75 per cent to 6.75 per cent.

28 Feb 2018 3:45 PM

MPC voted 5-1 at the meeting to keep the policy rate on hold at 6.0 per cent and to retain its “neutral” monetary policy stance. (Photo: PTI)

RBI panel warns on inflation as it monitors growth

Govt has projected growth could accelerate to 7 to 7.5 pc in 2018-19 after expanding at its slowest in 3 years.

22 Feb 2018 10:09 AM

The RBI will also be mindful of the global economy, in case of a sharp downturn that impacts India. (Photo: AFP)

RBI expected to keep rates on hold for now

Economy is expected to grow only 6.7 per cent in the current fiscal year slowest pace in about three years.

07 Feb 2018 10:32 AM

The 6-member MPC, headed by RBI Governor Urjit Patel, will meet on Feb 6 and 7 for Sixth Bi-monthly Monetary Policy Statement for 2017-18. (Photo: PTI)

RBI likely to keep interest rate on hold for 3rd time in a row

RBI had reduced benchmark lending rate by 0.25 percentage points to 6 pc in August, bringing it to a 6-year low.

05 Feb 2018 5:19 PM

Immediate fear may be an over-reaction and the RBI should not get influenced while fixing the repo (policy lending) rates in the coming week.

RBI need not react to bond yields, MSP for interest rate review: ASSOCHAM

MSP for farmers and refrain from going in for any hike in benchmark policy lending rates when MPC meets on Feb 7.

05 Feb 2018 11:00 AM

Rates on tenors from 1 year to 455 days deposit, the bank increased the interest rates to 6.25 per cent from the earlier 5.25 per cent.

SBI hikes bulk deposit rates for second time in 2 months

For tenors from two years to up to 10 years, the rates have been revised upwards to 6 per cent from 5.25 per cent earlier.

31 Jan 2018 10:53 AM

High interest rate exposure of banks from their G-Sec portfolios is attributable to not only the size of their holdings, but also to the increasing maturity of primary issuance. (Photo: PTI)

Bonds fall after RBI deputy says banks face high interest rate risk

Benchmark 10-year bond yield was at 7.54 per cent, up 10 basis points on the day.

16 Jan 2018 12:39 PM

The one-year MCLR of the bank stands unchanged at 7.95 per cent.

SBI lowers base rate, BPLR by 30 bps; leaves MCLR unchanged

Nation's largest lender revised down the base rate to 8.65 per cent for existing customers from 8.95 per cent.

01 Jan 2018 5:07 PM

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

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.

09 Dec 2017 11:19 AM

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.

05 Dec 2017 4:18 PM

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.

04 Dec 2017 10:08 AM

In its October review, RBI had kept the benchmark interest rate unchanged on fears of rising inflation while lowering growth forecast.

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

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

03 Dec 2017 1:52 PM

Retail inflation, a key input for RBI in setting key interest rate, has been rising consistently since June. (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

The new rates will be effective November 1.

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.

02 Nov 2017 2:46 PM

In July-September quarter too, the interest rate was 7.8 per cent. (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

Reserve Bank of India, in its policy review meet on October 4 kept benchmark interest rate unchanged. (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

Base rate/MCLR regime is also not in sync with global practices on pricing of bank loans. (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.

05 Oct 2017 9:52 AM

The revised rates will come to effect from October 1, 2017.

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 Sep 2017 5:26 PM

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 Sep 2017 2:08 PM

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Anita Anand