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 Axis Bank Q1 profit dips 21% at Rs 1,556 crore

Axis Bank Q1 profit dips 21% at Rs 1,556 crore

Private player Axis Bank on Friday reported 21 percent decline in net profit at Rs 1,555.5 crore for the first quarter of the current fiscal on account of rise in bad loans.

0.50% cut in policy rate by March quarter: Morgan Stanley

0.50% cut in policy rate by March quarter: Morgan Stanley

Inflation in India is expected to fall to 4.5 percent by the quarter ended March 31, and this in turn would give Reserve Bank space to cut key policy rates by 50 basis points this fiscal, says a Morgan Stanley report.

RBI to cut rates by 0.25% on Aug 9 if rains damp pulse price

RBI to cut rates by 0.25% on Aug 9 if rains damp pulse price

The Reserve Bank is expected to cut key interest rates by 25 basis points in its policy review meet on August 9, if good rains damp pulse price inflation, says a Bank of America Merrill Lynch (BofA-ML) report.

Expect 0.5% cut in policy rate by March: Morgan Stanley

Expect 0.5% cut in policy rate by March: Morgan Stanley

Inflation in India is expected to fall to 4.5 percent by next March, giving the Reserve Bank space to cut key policy rates by 50 basis points in the current fiscal, says a Morgan Stanley report.

Is it desirable to continue offering high interest rates on savings: Arun Jaitley

Is it desirable to continue offering high interest rates on savings: Arun Jaitley

With private investment yet to pick up, Finance Minister Arun Jaitley on Saturday wondered whether it is desirable to continue offering high interest rates on savings that translate into higher cost of lending and sluggishness in the economy.

Ex-Barclays traders sentenced to up to six years' jail in Libor case

Ex-Barclays traders sentenced to up to six years' jail in Libor case

Four former Barclays bankers were sentenced to between 33 months and six-and-a-half years in jail by a London judge on Thursday for conspiring to rig global benchmark interest rates.

Unsure if monetary policy panel to set rates in August: Raghuram Rajan

Unsure if monetary policy panel to set rates in August: Raghuram Rajan

The process to set up India`s monetary policy committee is ongoing and it is not clear if it will get to set interest rates at the central bank`s next policy review on Aug. 9, Reserve Bank of India (RBI) Governor Raghuram Rajan said according to TV channels.

Raghuram Rajan hits back at critics; says they can't have both low inflation and low rates

Raghuram Rajan hits back at critics; says they can't have both low inflation and low rates

In his first public appearance since announcing he will step down as the end of his tenure in September, Rajan on Monday defended his record in fighting inflation.

With loads of gold, Tirupati looks for banks with high rates

With loads of gold, Tirupati looks for banks with high rates

The management of Tirupati Balaji Temple in Andhra Pradesh has said it will look for banks that offer highest interest rates for its gold available for investment.

Bank of England warns again on Brexit, holds rate

Bank of England warns again on Brexit, holds rate

The Bank of England on Thursday warned that Britain`s EU referendum next week was potentially the "largest risk" for world markets.

US Federal Reserve keeps interest rates unchanged

The US Federal Reserve left interest rates unchanged on Wednesday.

Real return on Fixed Deposits

Real return on Fixed Deposits

Not all can undertsand the tricky relationship between the investment made and rate of return earned on the amount. 

Russia cuts key rate for first time in over 10 months

Russia cuts key rate for first time in over 10 months

Russia`s central bank cut its key interest rate by half a percentage point Friday, the first reduction in nearly a year after the ruble recovered thanks to a bounce in oil and fading inflation fears.

ECB pours cash into company bonds to boost eurozone

ECB pours cash into company bonds to boost eurozone

Having already slashed interest rates to below zero and pumped massive amounts of cash into financial markets, it started to directly finance businesses by buying their debt in the bond market.

Scope to cut rates if inflation heads to 5%: Raghuram Rajan

Scope to cut rates if inflation heads to 5%: Raghuram Rajan

The Reserve Bank of India will have more room to cut interest rates if the central bank gains confidence in reaching its 5 percent target for consumer inflation by March 2017, said Governor Raghuram Rajan on Wednesday.

RBI likely not to increase interest rates in coming future

RBI likely not to increase interest rates in coming future. Watch complete news story of Buzzing News and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

Cut in interest rate if monsoon prevails good, Rajan

Cut in interest rate if monsoon prevails good, says Raghuram Rajan. Watch complete news story of Aap Ka Bazaar and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Must read! This is how you can get more interest on bank savings

Must read! This is how you can get more interest on bank savings

Here is a way by which you can avail higher interest rates on bank savings than what is being offered in the market right now.

Ready to act using all instruments available: ECB President Mario Draghi

Ready to act using all instruments available: ECB President Mario Draghi

 In the latest, ECB has left the interest rates at record low. ECB President Mario Draghi expected inflation to pick up in second half of 2016.