Interest Rate Cut
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Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
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Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
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"Don't Fool People": Sitaram Yechury On Centre's Interest Rate U-Turn
CP(M) General Secretary Sitaram Yechury on Thursday alleged that the Central government postponed the cuts on the interest rate on small savings schemes in view of ongoing Assembly elections in four states and one Union Territory.
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No Interest Cut On Small Savings, "Orders Issued By Oversight"
Steep cuts on interest rates on small savings schemes announced last evening were rolled back by the government today with Finance Minister Nirmala Sitharaman undoing what she called "orders issued by oversight".
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EPFO Cuts Interest Rate Again: A Look At Its Rise, Fall And Comparison From Previous Years
Nearly 5 crore subscribers have been affected after EPFO or Employees' Provident Fund Organisation, the retirement fund body, reduced the interest rate and it will pay 8.55 per cent for for 2017-18.
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Poll Promise Fulfilled With Lending Rate Cut, Says BJP
The BJP today welcomed the RBI's reduction of its short-term lending rate and claimed its government had fulfilled one of the promises made during the 2014 Lok Sabha polls.
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Carmakers: Interest Rates on Car Loans Should be Reduced Further
Carmakers in the country believe the reduction in interest rates announced by State Bank of India (SBI) and HDFC Bank is not enough to help in increasing sales. A consortium led by Maruti Suzuki India said the complete benefits of RBI's rate cuts should be passed on.
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Interest Rate Cut On Car Loans is Too Little Too Late: Carmakers
RBI, yesterday, cut its policy rate by 0.25 per cent, which will make auto loans a little cheaper. Though it is the first reduction in 20 months, RBI has promised to cut it further if the economy continues to do well.
-
Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
-
Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
-
"Don't Fool People": Sitaram Yechury On Centre's Interest Rate U-Turn
CP(M) General Secretary Sitaram Yechury on Thursday alleged that the Central government postponed the cuts on the interest rate on small savings schemes in view of ongoing Assembly elections in four states and one Union Territory.
-
No Interest Cut On Small Savings, "Orders Issued By Oversight"
Steep cuts on interest rates on small savings schemes announced last evening were rolled back by the government today with Finance Minister Nirmala Sitharaman undoing what she called "orders issued by oversight".
-
EPFO Cuts Interest Rate Again: A Look At Its Rise, Fall And Comparison From Previous Years
Nearly 5 crore subscribers have been affected after EPFO or Employees' Provident Fund Organisation, the retirement fund body, reduced the interest rate and it will pay 8.55 per cent for for 2017-18.
-
Poll Promise Fulfilled With Lending Rate Cut, Says BJP
The BJP today welcomed the RBI's reduction of its short-term lending rate and claimed its government had fulfilled one of the promises made during the 2014 Lok Sabha polls.
-
Carmakers: Interest Rates on Car Loans Should be Reduced Further
Carmakers in the country believe the reduction in interest rates announced by State Bank of India (SBI) and HDFC Bank is not enough to help in increasing sales. A consortium led by Maruti Suzuki India said the complete benefits of RBI's rate cuts should be passed on.
-
Interest Rate Cut On Car Loans is Too Little Too Late: Carmakers
RBI, yesterday, cut its policy rate by 0.25 per cent, which will make auto loans a little cheaper. Though it is the first reduction in 20 months, RBI has promised to cut it further if the economy continues to do well.
