Tag: interest rates

All types of loans, including home loans can potentially get costlier since the MCLR has now been hiked. (Pradeep Gaur/Mint)
Posted in Business

Will home loans get costlier? SBI hikes lending rates by 10 bps: Check current home loan interest rates

Aug 15, 2024 05:54 PM IST Home loans can potentially get costlier since SBI’s three-year tenor MCLR is now 9.10%, from 9% earlier and overnight…

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Union Finance Minister Nirmala Sitharaman addresses the Central Board of Directors of the Reserve Bank of India in the customary post-Budget meeting, in New Delhi on Saturday. RBI Governor Shaktikanta Das also seen. (Shrikant Singh/ANI)
Posted in Business

Banks should focus on increasing deposits as public increasingly shifts to alternate investments: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Saturday exhorted banks to focus on their core business and explore new ways to attract deposits, as household savings are…

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Interest rates on deposits, lending are deregulated; banks free to decide rates: RBI Guv Shaktikanta Das - The Economic Times Video
Posted in Economy

Interest rates on deposits, lending are deregulated; banks free to decide rates: RBI Guv Shaktikanta Das – The Economic Times Video

On August 10, FM Nirmala Sitharaman participated in a meeting with the members of the Central Board of Directors of RBI in New Delhi. RBI…

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Posted in Economy

GDP growth: RBI sticks to game plan, keeps rates, stance unchanged

The Reserve Bank of India (RBI) Thursday expectedly kept interest rates and its monetary stance unchanged while making financial stability its evident policy priority, warning…

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RBI leaves interest rates, stance unchanged for ninth straight time
Posted in Economy

RBI leaves interest rates, stance unchanged for ninth straight time

The Reserve Bank of India (RBI) Thursday kept interest rates and its stance of monetary policy unchanged for the ninth straight review meeting amid persistent…

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US recession: Shoppers in the Georgetown neighborhood of Washington, DC.(Bloomberg)
Posted in Business

Will there be a recession in US? JPMorgan says 35% possibility by end of 2024

Aug 08, 2024 08:22 AM IST US recession: JPMorgan now sees just a 30% chance of the Federal Reserve keeping interest rates “high-for-long”. JPMorgan Chase…

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MPC meeting: To hike or not to hike? RBI watchers on guard for shift
Posted in Economy

MPC meeting: To hike or not to hike? RBI watchers on guard for shift

India central bank watchers have plenty of reasons to tune into Governor Shaktikanta Das’s policy decision on Thursday even though most expect he’ll keep interest…

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Food inflation India: India mulls major cut to food weighting in new CPI basket
Posted in Economy

Food inflation India: India mulls major cut to food weighting in new CPI basket

An Indian government panel tasked with revising the nation’s consumer price index is considering a substantial cut in the weighting of food, according to a…

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RBI MPC: Inflation target evades RBI's rate panel as rejig looms
Posted in Economy

RBI MPC: Inflation target evades RBI’s rate panel as rejig looms

The Indian central bank‘s (Reserve Bank of India) rate setting panel faces another food-driven spike in inflation as it meets a final time ahead of…

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Rising dissent & rains to test RBI's status quo on key rates
Posted in Economy

Rising dissent & rains to test RBI’s status quo on key rates

Mumbai: For the Monetary Policy Committee that is meeting this week, the most significant event since it last assembled in June is not the Federal…

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