Tag: interest rates
Small savings inflows touch Rs 2.17 lakh crore despite shift to new tax regime
New Delhi: Collections under the National Small Savings Fund (NSSF) touched ₹2.17 lakh crore as of January 10, accounting for about two-thirds of the budget…
RBI’s likely to hold interest rates with inflation set to rise
MUMBAI: The Reserve Bank of India (RBI) is expected to keep its repo rate unchanged in its February policy meeting as the central bank would…
RBI Governor expects ‘long period of low policy rates’ for India
Reserve Bank of India Governor Sanjay Malhotra said India is likely to remain in a prolonged period of low policy rates as long as inflation…
RBI Governor Malhotra expects deposit rates to moderate along with lending rates
Reserve Bank of India (RBI) governor Sanjay Malhotra said he expects deposit rates to also moderate in line with bank lending rates. Replying to a…
More than rupee level, its non-volatility is key: Bajaj
New Delhi: The rupee can pursue its fair value but it’s the volatility that needs to be curbed, Bajaj Finserv chairman and managing director Sanjiv…
What India can do about its low inflation problem
India’s economy, so often touted for potential to supplant China as a global engine, is having a hard time getting its arms around inflation. Not…
Boost financial inclusion with fair rates: DFS Secy to MFIs
New Delhi: Department of Financial Services secretary M Nagaraju on Thursday asked microfinance institutions (MFIs) to maintain fair interest rates to promote financial inclusion. He…
RBI unveils norms to enable faster transmission of rates
The Reserve Bank of India (RBI) on Monday announced a series of regulatory amendments aimed at faster transmission of policy rates, easing gold loan norms…