Short-term Deposit Rates

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  State Bank Of India Cuts Fixed Deposit, Loan Interest Rates After RBI Move: 10 Points

  State Bank of India (SBI) on Friday announced a cut of 75 basis points in its lending rates, hours after the Reserve Bank of India (RBI) announced a reduction of the same magnitude in the repo rate. Repo rate is the key interest rate at which the regulator lends short-term funds to commercial banks such as SBI. In a statement late on Friday, the co...

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  SBI Offers Repo-Linked Home Loan Starting At 8.05% Interest Rate

  SBI had earlier linked its savings bank deposits and short-term loans to the repo rate, becoming the first Indian bank to do so.

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  Five Tempting Short-Term Investment Options To Choose From

  An investor ought to cherry pick the financial asset based on the rate of return, risk involved, credit rating of the instrument, liquidity and other factors

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  How To Invest The Extra Money In Your Bank Account After Notes Ban

  FDs are one of the most popular investment options for conservative investors due to fixed returns and the liquidity factor. However, banks have recently cut their interest rates and may lower them further as their coffers swell in wake of demonetisation.

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  RBI Says CRR Applicable to Short-Term Gold Deposits

  The Reserve Bank of India said on Thursday banks' cash reserve ratio and statutory liquidity ratio will be applicable to short-term bullion deposits under the gold monetisation scheme.

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  Oriental Bank of Commerce Cuts Short-Term Deposit Rates on Select Maturities

  In a BSE filing on Saturday, the public sector bank said it has reduced the pricing of short-term deposits of below Rs 1 crore to 6.50 per cent from 6.75 per cent on a maturity of 46 to 90 days.

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  Banks Risk Losing Market Share for Short-Term Margins: Raghuram Rajan

  Reserve Bank of India Governor Raghuram Rajan on Tuesday nudged banks again to do more on lending rate cuts, pointing out that one percentage point deposit rate cuts in recent times have been wider than those for credit.

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  SBI Reduces Short-Term Deposit Rates

  State Bank of India (SBI) on Tuesday reduced short-term deposit rates by 1 percentage point for amount below Rs 1 crore the second such move by the countrys largest lender this month.

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  SBI Cuts Fixed Deposit Rate on Select Maturities By 0.5%

  State Bank of India on Tuesday slashed the interest rate on short-term fixed deposits up to 179 days by 0.5 per cent, a move expected to be followed by other lenders.

• SBI raises fixed deposit rate by 0.2% on select maturity

  Days after RBI hiked short-term lending (repo) rate by 0.25 per cent, State Bank of India (SBI) today raised fixed deposit rate by 0.2 per cent on select maturity.

• Lending, deposit rates to go up ahead of festive season: SBI

  Yesterday, SBI increased its base rate by 0.1 per cent to 9.80 per cent, becoming the first major state-run bank to hike lending rates after short-term rates rose as a result of RBI's liquidity tightening moves announced in July.

• Moody's upgrades India's rating to investment grade

  Global agency Moody's on Tuesday upgraded India's short-term foreign currency rating from speculative to investment grade, a development which will help domestic companies to raise funds from overseas markets at better rates. The long-term country ceiling on the foreign currency bank deposit was also upgraded from Ba1 to Baa3.

• *SBI: Govt borrow via short-term debt pressuring deposit rate

  MUMBAI, AUGUST 09Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.

• *SBI: Short-term deposit rate may rise more than long-term rates

  MUMBAI, AUGUST 09Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.