interest rates

Bombay HC orders ADCCB to grant crop loan to farmers immediately

Bombay HC orders ADCCB to grant crop loan to farmers immediately

In what could serve as a precedent, the Bombay High Court has ordered the Aurangabad District Central Cooperative Bank (ADCCB) to grant c...Read More

Govt may slash FY20 EPF interest rate to around 7.30%: Sources

Govt may slash FY20 EPF interest rate to around 7.30%: Sources

The Centre may slash the interest rate on Employees' Provident Fund for the year ended March to about 7.30% to keep the rate closer to th...Read More

From emergency rate cuts to monetary policy measures: Here are policy responses to coronavirus pandemic

From emergency rate cuts to monetary policy measures: Here are policy responses to coronavirus pandemic

In order to cushion the economic fallout of these measures and to enable the revival of business activity, a large number of global cen...Read More

Salaried employees to get 0.15% lower returns on Provident Fund deposits as EPFO cuts down interest rates

Salaried employees to get 0.15% lower returns on Provident Fund deposits as EPFO cuts down interest rates

The organisation has lowered the interest rates from 8.65% to 8.50%

Sensex drops by over 100 points after Federal Reserve cuts down interest rates

Sensex drops by over 100 points after Federal Reserve cuts down interest rates

Snapping its seven-day falling streak, BSE Sensex rallied 480 points on Tuesday in line with gains in global stocks after central banks a...Read More

Will RBI cut rate by 25bps or more?

Will RBI cut rate by 25bps or more?

It is widely expected that the Reserve Bank may cut interest rates for the sixth straight time on December 5th

Senior Citizen Savings Scheme (SCSS): Important details about latest interest rates and IT benefits

Senior Citizen Savings Scheme (SCSS): Important details about latest interest rates and IT benefits

Senior Citizens Savings Scheme (SCSS) is a government-backed savings instrument offered only to Indian residents aged over 60 years. The ...Read More

Where can senior citizens invest when deposit rates are falling

Where can senior citizens invest when deposit rates are falling

The Reserve Bank of India (RBI) has cut the repo rate five times in 2019. Banks are following suit have cut interest rates on loans as we...Read More

Economy to start recovering from slowdown in late FY20: Report

Economy to start recovering from slowdown in late FY20: Report

New Delhi: The Indian economy is expected to start its recovery from later part of this fiscal thanks to the initiatives taken by the Res...Read More

There is a slowdown...5% Q1 growth surprise; economy will look up with measures taken: RBI Guv Shaktikanta Das

There is a slowdown...5% Q1 growth surprise; economy will look up with measures taken: RBI Guv Shaktikanta Das

New Delhi: RBI Governor Shaktikanta Das on Monday termed the low GDP growth of 5 per cent as a "surprise" but expressed confidence that ...Read More

Mumbai: BMC reduces interest rates on instalments of payment for various building permissions

Mumbai: BMC reduces interest rates on instalments of payment for various building permissions

Ahead of Maharashtra Assembly elections, the Brihanmumbai Municipal Corporation (BMC) has rolled out further concessions to builders. In ...Read More

Planning to apply for a home loan? Check best interest rates here

Planning to apply for a home loan? Check best interest rates here

Mumbai: Recent consecutive rate cuts by RBI seem to have brought a sigh of relief for home loan borrowers. Passing it on, banks by way of...Read More

US Federal leaves rates unchanged

US Federal leaves rates unchanged

Washington: The US Federal Reserve on Wednesday left interest rates unchanged after concluding a two-day policy meeting, in a move that m...Read More

Sensex, Nifty open lower after US Fed rate hike

Sensex, Nifty open lower after US Fed rate hike

Mumbai: Benchmark indices fell sharply in early trade Thursday on weak global cues after the US Federal Reserve raised its key interest r...Read More

Across-the-board losses add to alarm

Across-the-board losses add to alarm

Sensex crashes 759 pts, Nifty ends below 10,300

Rupee rises 24 paise against US dollar in early trade

Rupee rises 24 paise against US dollar in early trade

Mumbai: Extending its rising streak for the second day, the rupee appreciated 24 paise against the US dollar to 69.58 in early trade toda...Read More

SBI reduces lending rates on home and vehicle loans

SBI reduces lending rates on home and vehicle loans

Mumbai: India’s largest lender State Bank of India (SBI) on Thursday announced reduction of interest rates on home and automobile loans b...Read More

Interest rates will slowly become reasonable, says Finance Minister

Interest rates will slowly become reasonable, says Finance Minister

Arun Jaitley also said higher lending rate of 14-15 per cent will make India uncompetitive in the global market, impacting investment in ...Read More

SBI cuts savings deposit rate

SBI cuts savings deposit rate

Mumbai : The State Bank of India (SBI) on Monday announced a 50 basis points (bps) cut in the interest rates for savings accounts having ...Read More

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Bhopal: Punjab & Sind bank loans get cheaper

BHOPAL: Punjab and Sindh Bank has slashed its interest rates (MCLR) on loans. The reduction in MCLR will be applicable on retail loans li...Read More

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