Tag: interest rates

Stable inflation is important to sustain growth: RBI Guv Das
Posted in Economy

Stable inflation is important to sustain growth: RBI Guv Das

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the central bank remains committed to realigning inflation with the legally mandated 4%…

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RBI committed to moderate inflation to mandated 4%, dashing hope of a rate cut
Posted in Economy

RBI committed to moderate inflation to mandated 4%, dashing hope of a rate cut

MUMBAI: Reserve Bank of India (RBI) Governor Shaktikanta Das Thursday said the central bank remains committed to realigning inflation with the legally mandated 4% goal…

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Using food inflation in rate-setting flawed; RBI should cut rates for pushing growth, says Piyush Goyal
Posted in Economy

Using food inflation in rate-setting flawed; RBI should cut rates for pushing growth, says Piyush Goyal

Union Commerce Minister Piyush Goyal on Thursday said the Reserve Bank of India (RBI) should cut interest rates and give an impetus to growth. Using…

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'Wait & watch': India gearing up for any change in US policy, says CEA V Anantha Nageswaran
Posted in Economy

‘Wait & watch’: India gearing up for any change in US policy, says CEA V Anantha Nageswaran

New Delhi: India is “better prepared” this time around for Donald Trump’s return to the White House, chief economic adviser (CEA) V Anantha Nageswaran said…

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RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra
Posted in Economy

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

In a cautious outlook for the upcoming fiscal year, India Ratings and Research (Ind-Ra) projects a decline in inflation for FY25, yet it emphasizes that…

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inflation: Rate hikes since May '22 helped reduce inflation by 1.60%: RBI paper
Posted in Economy

inflation: Rate hikes since May ’22 helped reduce inflation by 1.60%: RBI paper

The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper…

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Savings account interest rates are usually fixed and credited quarterly, based on the daily balance or the sum of all deposits less withdrawals made throughout the day.
Posted in Business

Savings account interest rates: Check what SBI, HDFC, ICICI, PNB, Union Bank, and IDFC FIRST offers, maximum is 7.25%

With Kotak Mahindra Bank reducing interest rates by 50 basis points on savings accounts with lesser than ₹5 lakh, te following are the interest rates…

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Posted in Economy

Quite risky to cut rates at this stage: RBI Guv Shaktikanta Das

MUMBAI: Any move to cut interest rates right now would be hasty and potentially fraught with risk as inflation remains above target and will stay…

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UK inflation hits three-year low, fuelling rate-cut hopes
Posted in UK News

UK inflation hits three-year low, fuelling rate-cut hopes

LONDON: Britain’s annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume…

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The interest rate on auto loans, known as annual percentage rates, or APRs, depend on a number of factors including the borrower's income, debt, credit score, car value, loan amount, the loan length, as well as the RBI's prevailing repo rate(Bajaj Finance)
Posted in Business

Latest festive season car loan interest rates of various banks: See full list

Oct 10, 2024 04:59 PM IST Many banks are offering flexible payback terms, affordable EMI, and 100% financing for car loans, especially with upcoming festivals…

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