Latest News on Bank Lending Rates
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Dec 05, 2019
Daily Bulletin: Voting begins in 15 seats vacated by Congress, JD(S) rebels in Karnataka; RBI MPC likely to slash repo rate for sixth time in a row; day's top storiesHere are day's top stories: Karnataka bypolls: Election for 15 seats vacated by Congress, JD(S) rebels today; contest ego battle for opposition, survival for BJP; P Chidambaram to hold presser at 12:30 pm, likely to attend Parliament today after bail in INX Media case ; and more
Dec 04, 2019
RBI monetary policy: MPC may be readying to fire its final weapon; likely a wrong one, aimed at a faraway targetThe MPC needs to be watchful of the inflation scenario. It cannot solely focus on growth, even if that would be what the ruling BJP government would want from the MPC at this juncture.
Jun 28, 2019
Finance ministry asks EPFO to reduce annual fund payout of 8.65% amid fears about lending crunchEPFO, which is administered by the labour ministry, announced just before the recent April-May general election that it would pay the rate for the last financial year ending 31 March 2019, up from 8.55% in the previous year.