Your loan tenure significantly impacts your EMI and your interest payable
30 Jul 2021 12:29 AM
There will be no restriction on the maximum amount of bidding by individual bidders.
08 Feb 2020 12:38 PM
The one-year MCLR has come down to 7.85 per cent per annum from 7.90 per cent.
07 Feb 2020 11:15 AM
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, faltering economic growth.
06 Feb 2020 11:54 AM
Government refrained from cutting interest rates on small savings schemes, including Public Provident Fund.
03 Feb 2020 12:02 PM
The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.
05 Dec 2019 1:34 PM
The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.
05 Dec 2019 12:08 PM
The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.
03 Dec 2019 2:08 PM
This is the seventh consecutive cut in lending rates by the bank this fiscal.
08 Nov 2019 11:45 AM
The RBI repo rate has been cut down to 5.15 per cent from the existing rate of 5.40 per cent
31 Oct 2019 7:10 PM
A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.
24 Oct 2019 1:10 PM
Base rate has been kept unchanged at 9.50 per cent per annum.
10 Oct 2019 1:35 PM
The rate reduction is not applicable to the repo-linked loans.
09 Oct 2019 10:46 AM
Central Board of Trustees (CBT) had approved 8.65 per cent interest rate for the last fiscal in February this year.
19 Sep 2019 12:24 PM
At present, the EPFO is settling PF withdrawal claims at 8.55 per cent interest rate.
17 Sep 2019 1:44 PM
Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.
16 Sep 2019 9:54 AM
The central bank has already reduced the key policy rate four times in the current calendar year
13 Sep 2019 1:38 PM
This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's said in a statement.
10 Sep 2019 2:12 PM
The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.
09 Sep 2019 11:09 AM
A move aimed at ensuring faster transmission of policy rate cuts to borrowers.
05 Sep 2019 10:49 AM