Interest Rate | The Asian Age

Friday, Apr 26, 2024 | Last Update : 10:38 PM IST

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For one, three and six months as well as one, three and five years, the new MCLRs have been revised down by 0.10 per cent each.

PNB revises down MCLR by 0.10-0.15 pc from today

The new MCLR for one-year tenure is 8.35 per cent and for three years, 8.50 per cent.

01 May 2017 4:24 PM

The rates have been revised for medium and long term deposits and for amount below Rs 1 crore.

SBI reduces term deposit rates by up to 50 bps

SBI will offer a rate of 6.25 per cent as compared to 6.75 per cent earlier

01 May 2017 12:27 PM

Government generally ratifies the rate of return approved by the CBT.

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 Apr 2017 2:33 PM

The debt service coverage ratio is seen to improve 0.04x across infra sectors in 2017-18. (Photo: Representational Image)

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 Apr 2017 11:23 AM

Finance Ministry ratifies 8.65 per cent on EPF

Finance Ministry has been nudging the Labour Ministry to lower the EPF rate.

20 Apr 2017 1:25 PM

Banks cutting rates to use liquidity available: Jaitley

The banks had cut their rates down by almost about 80 to 85 basis points.

11 Apr 2017 8:01 PM

RBI may go for 25 bps rate cut in August: report

According to the global brokerage firm lending rate cuts are the key indicator for recovery.

10 Apr 2017 12:43 PM

EMIs for the new as well as existing borrowers who have taken housing and car loans at base rate will come down by at least 0.15 per cent.

SBI cuts lending rate by 0.15 pc to 9.10 pc

The new rate is effective from the date the bank merged five of its associates and Bharatiya Mahila Bank.

03 Apr 2017 6:30 PM

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.

06 Feb 2017 6:16 PM

RBI likely to maintain status quo on February 8

Reserve Bank may refrain from lowering benchmark interest rate at its policy review meet this week.

05 Feb 2017 1:42 PM

RBI, IIP, Q3 data major deciders of market this week

MPC of the central bank will take a call on whether to reduce rates at its next policy meeting on February 8.

05 Feb 2017 10:42 AM

The government's recent decision to provide interest rate relief to home buyers and to those who wish to plan a home in 2017.

DHFL cuts home loan rates by 0.5 per cent

Reduction rates on home loan for various maturities will vary from 8.60 per cent to 9.10 per cent.

05 Jan 2017 9:37 AM

2016 overall was a watershed year for Indian real estate. (Representational Image)

Builders pinning hopes on rate cuts for revival in 2017

The realty space remained weak even this year as housing sales fell on low demand and adverse impact of junking of old cash.

29 Dec 2016 1:59 PM

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

The Fed last increased rates in December a year ago, when it hiked its benchmark rate from a record low set at the depths of the 2008 financial crisis.

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 business loans.

14 Dec 2016 4:05 PM

The new rates would be effective from November 23.

PNB cuts interest rate on fixed deposits by up to 0.25 pc

The lowering in fixed deposit rates may herald reduction in lending rate as well in the next few days.

20 Nov 2016 10:30 AM

he top leadership of the MCs said that property tax defaulters owe around Rs 2,700, including property tax dues with interest.

Waiver scheme for property tax defaulters

Sources said that the interest and penalty in all three MCs amounts to several hundred crore of rupees.

18 Nov 2016 2:00 AM

The lowering in fixed deposit rates may herald reduction in lending rate as well in the next few days.

HDFC, ICICI bank cut fixed deposit rates by up to 0.25 per cent

ICICI Bank will pay 7.10 per cent as against 7.25 per cent earlier.

17 Nov 2016 5:00 PM

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Sunil Gatade