Tag: Interest rate
India’s economic activity cools in January amid slowdown fears
India’s economic activity cooled off at the start of the year as higher borrowing costs tempered demand at home and abroad, signaling more pain ahead…
India’s forex reserves fell by $8.3 billion, biggest weekly fall this financial year
India’s foreign exchange reserves fell for the second consecutive week due to Reserve Bank of India‘s (RBI) likely intervention to stabilise the rupee after overseas…
IDFC FIRST Bank revises savings account interest rate, offers up to 7%
IDFC FIRST Bank has revised interest rates on its savings accounts, with effect from February 15, 2023. Interest on savings accounts will be calculated in…
Indusind Bank FD Interest Rate: IndusInd Bank offers up to 7.5% FD interest rate to general public, 8.25% to senior citizens
IndusInd Bank has increased interest rates on fixed deposits with balances under Rs 2 crore. According to the bank’s website, the new rates are effective…
india trade deficit: India current account gap seen smaller on narrower trade deficit, record service surplus
India’s narrowing merchandise trade deficit and widening service trade surplus have prompted some economists to lower their estimates for the country’s current account gap for…
SBI Amrit Kalash Deposit Interest Rate: SBI launches Amrit Kalash Deposit; Senior citizens can earn up to 7.6% FD interest rate
State Bank of India (SBI) has launched a new retail term deposit scheme with a specific duration and benefits like a higher interest rate called…
FD interest rates: This bank offers up to 8.71% fixed deposit interest rate for senior citizen
Fincare Small Finance Bank has revised its interest rates on fixed deposits for amounts up to Rs 2 crore with premature withdrawal facility. The new…
ET Analysis: Bye bye interest rates, liquidity is new game
Mumbai: In a six-member Monetary Policy Committee that gives the central bank governor the tie-breaker casting vote, dissent of two external members might not be…
rbi rate hike: Analysts expect another 25 bps repo rate hike in RBI’s April policy
Analysts are of the view that after delivering the seventh hawkish policy on Wednesday the central bank may pause after delivering a likely 25 basis…
rbi repo rate hike: RBI raises repo rate by 25 bps to 6.5%
The Reserve Bank of India (RBI) Wednesday raised policy interest rates by a quarter percentage point, the sixth such climb in a row, and signalled…