Interest rates for NSSF loan to Centre, states cut to 8.8%
With decline in interest rates on small savings, National Small Savings Fund (NSSF) loan rate to the Centre as well as states has also been lowered to 8.8 percent from 9.5 percent.
Apr 13, 2016, 15:24 PM ISTSmall Savings Shocker! Rates may be slashed again
Interest rates on these schemes may be slashed again in the coming few quarters with yileds on the government bonds coming down
Apr 08, 2016, 16:52 PM ISTDollar slides to 17-month low vs yen as stocks, oil fall
The dollar fell on Tuesday to its weakest against the yen since October 2014 as investors pulled away from riskier assets, pushing shares and oil prices lower as the outlook for U.S. interest rates remained clouded.
Apr 05, 2016, 20:20 PM ISTRBI rate cut fails to cheer market; Sensex nosedives 516 points to below 25,000-mark
Rate sensitive, banking, realty and auto stocks, suffered the most as selling remained unabated throughout the day.
Apr 05, 2016, 17:12 PM ISTRBI policy good stimulus, will prompt banks to cut rate: Finance Ministry
Finance Ministry on Tuesday said RBI's policy rate cut will provide a "good stimulus" to the economy and encourage banks to reduce lending rates.
Apr 05, 2016, 14:14 PM ISTFM Jaitley pitches for interest rate cut ahead of RBI policy
The finance minister also stressed that the debate on crucial economic issues, like interest rates, should move in the right direction in India, which is a "large and noisy democracy".
Apr 04, 2016, 11:35 AM ISTNew Financial Year shocker: Interest rates on PPF, NSC, other small savings schemes to be lower from Friday
Interest rate on Public Provident Fund (PPF) scheme will be 8.1 percent for the period April 1 to June 30, down from 8.7 percent.
Apr 01, 2016, 09:09 AM ISTSBI, ICICI, PNB and others move to lending rates based on marginal cost
The new interest rates vary from 8.95 percent for overnight to 9.35 percent for three years, SBI said in a document posted on its website Thursday.
Mar 31, 2016, 22:12 PM ISTHDFC Bank revises lending rates based on marginal cost
Private sector lender HDFC Bank Thursday revised lending rates based on marginal cost of funds, a new methodology that will take effect from April 1.
Mar 31, 2016, 20:41 PM ISTICICI Bank cuts bulk deposit rates by up to 0.55%
Private sector ICICI Bank has cut interest rate on fixed deposit rates by up to 0.55 percent on bulk deposit rates of over Rs 1 crore.
Mar 31, 2016, 20:36 PM ISTInflation hits poor the most, RBI must listen to them: Subbarao
Reserve Bank of India has to listen to voices of the poor who are hurt the most by inflation, its former Governor Duvvuri Subbarao said adding that cutting interest rates is not necessarily the solution to stimulate investment.
Mar 31, 2016, 15:25 PM ISTRBI may cut policy rate by 0.25% next week, says Citigroup
The Reserve Bank is expected to cut repo rate by 0.25 percentage point in the April 5 policy given that the budget stayed on the path of fiscal consolidation and progress has been made on the reforms front, says a Citigroup report.
Mar 30, 2016, 18:55 PM ISTHigh interest rates will make Indian economy sluggish: FM Jaitley
Citing the example of 8.7 percent tax free interest on Public Provident Fund (PPF) investments, he said this translates into an interest rate of 12.5 percent or 13 percent including tax benefit.
Mar 28, 2016, 13:37 PM IST
'Low small savings rate to allow faster monetary transmission'
The government's move to slash interest rates on all small saving schemes will pave the way for a market linked interest rate structure and enable faster monetary transmission, says a Deutsche Bank report.
Mar 22, 2016, 23:42 PM ISTUS Federal Reserve keeps interest rates unchanged
The US Federal Reserve kept its benchmark short-term interest rates unchanged as widely expected, noting that "global economic and financial developments continue to pose risks" to the US economy.
Mar 17, 2016, 04:18 AM ISTHappy about panel getting power to decide policy rate: Rajan
Reserve Bank Governor Raghuram Rajan today said he was happy about his powers to decide interest rates being shifted to a broader panel, saying the move was in the interest of the economy
Mar 12, 2016, 20:06 PM ISTRBI may cut interest rates by 0.25% before next policy meet: BofA-ML
The Reserve Bank of India is expected to go for a 25 basis points rate cut on or before its scheduled policy review meet on April 5, says a Bank of America Merrill Lynch (BofA-ML) report.
Mar 09, 2016, 19:15 PM ISTECB plays down effects of negative interest rates on banks
The European Central Bank on Wednesday sought to counter claims by eurozone banks that negative interest rates are hurting their profitability.
Mar 02, 2016, 17:33 PM ISTRBI to go for rate cut as early as this month: Kotak
Government has stuck to the fiscal consolidation path and this is very positive for the interest rates scenario, eminent banker Uday Kotak said adding RBI is expected to go for a rate cut as early as this month.
Mar 01, 2016, 20:14 PM ISTBudget 2016: No change in Income Tax slabs; rent deduction limit raised to Rs 60k
Budget 2016: No change in Income Tax slabs; rent deduction limit raised to Rs 60k
Feb 29, 2016, 19:44 PM IST