Latest News on Interest Rates
Showing of 0 - 10 from 371 results
Interest Rates - Total results - 371
Sep 11, 2019
India's rising household debt has helped drive demand but will lead to negative impact on growth in long-term: ReportAn increase in the household debt-to-GDP ratio by one percentage point lowers output growth in the long run by 0.1 percent.
Sep 09, 2019
SBI again cuts lending rates by 10 bps ahead of festivals, new rates effective from tomorrowPublic sector lender State Bank on Monday announced yet another reduction in lending rates by 10 basis points across tenors
Sep 06, 2019
Linking retail loans with external benchmark: Banks may not sharply trim lending rates despite new RBI normsThe RBI ordered all banks to link certain loans to the external benchmark based interest rate from 1 October, saying banks had not satisfactorily passed on the benefit of recent policy rate cuts to consumers.
Aug 23, 2019
SBI cuts interest rates on fixed deposits up to 0.5%; move will lower returns for saversThe country's largest lender State Bank of India on Friday slashed interest rates on fixed deposits across various tenure by up to 0.5 percentage point, a move which will lower returns for savers
Aug 20, 2019
Oriental Bank of Commerce offers home, vehicle loans at new repo-linked rates of 8.35-8.75%State-owned Oriental Bank of Commerce (OBC) on Tuesday said customers can now avail home and vehicle loans at repo-linked interest rates starting from 8.35 percent and 8.70 percent, respectively
Aug 19, 2019
RBI governor Shaktikanta Das says time banks link loans, deposits to repo rate; move can speed up monetary transmission processAfter over a dozen public sector banks, including State Bank, have voluntarily linked their loans and deposits pricing to the repo rate, Reserve Bank governor Shaktikanta Das Monday stressed on the need for the entire system switching to this model, saying such a moved can speed up the monetary transmission process
Aug 16, 2019
RBI may cut interest rates by 40 basis points before this fiscal-end; monetary easing insufficient to boost economic growth: FitchRBI has cut interest rates four times this year but the transmission of the same by banks to borrowers has lagged.
Jul 31, 2019
SBI cuts deposit rates on various tenors by 50-75 bps, new rates to be effective from 1 AugustThe new rates will be effective from 1 August 2019, SBI said
Jul 17, 2019
RSS economic wing says India should not issue foreign currency bonds, terms plan 'anti-patriotic'The 10-year government bond, the most liquid paper in the domestic debt market, closed at 6.33 percent on Tuesday
Jun 29, 2019
Govt cuts interest rates of small savings schemes by 10 bps for July-September quarterSchemes that will fetch lower interest are Kisan Vikas Patra (KVP), Public Providend Fund (PPF), among others