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Friday, June 01, 2012

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interest rate

EPFO fails to fix interest rate; FinMin to decide

The Employees` Provident Fund Organisation failed to take a decision today on the interest rate to ...

Housing prices may go up by 5-10%

Housing prices may rise by 5-10 percent in the next 3-6 months as the cost of funds for developers i...

Increase in interest rates could derail country`s growth: SBI

Public sector State Bank of India on Monday said an increase in interest rates could lead to "derai...

RBI draft favours freeing of savings banks interest rate

The Reserve Bank said that deregulation of the interest rate on savings banks accounts would benefit...

MP govt expects more farmers to benefit from low interest rate

Over 30 lakh farmers in Madhya Pradesh are expected to borrow nearly Rs 6500 crore for agricultura...

NRIs not eligible for interest sops on home loans

The Reserve Bank Tuesday said non-resident Indians would not be eligible for incentives on interest ...

EPFO trustees to decide interest rate on Sept 15

Retirement fund manager EPFO`s trustee would decide on September 15 the rate of interest on deposits...

Rate hike on cards as RBI reviews policy today

India`s central bank is likely to increase for a fourth time this year key policy and interest rates...

ICICI Bank launches new home loan scheme

ICICI Bank Ltd said on Friday it has launched a new home loan scheme offering a fixed 8.25% interest...

Banks not to immediately hike interest rates

Borrowers can breathe easy as bankers Tuesday said an immediate hike in lending rates is unlikely.

RBI steps in to rein inflation

RBI hiked key short term rates & CRR by 25 bps each to tame inflation, but lenders said interest rat...

HDFC lowers first yr home loan rate to 8.25%

HDFC on Thursday lowered its home loan rate to 8.25 percent for the first year applicable on fresh l...

Tax concession on edu loan interest extended to all streams

The govt has extended tax concession on interest paid for educational loan to all streams of studies...

SBI won`t raise lending rates: Chairman

State Bank of India won`t raise its lending rates despite a hike in key policy rates by the central...

CRR rise invokes mixed reactions, bankers see no rate

The Reserve Bank of India’s decision to raise the cash reserve ratio (CRR) by an unexpected 75 basis...

`Central bank`s steps will not impact interest rates`

Concerned over high inflation rate, fuelled by rising food prices, Finance Secretary Ashok Chawla Fr...

RBI hikes CRR, leaves rates untouched

RBI on Friday raised CRR by 75 basis points to suck out the excess liquidity from the financial syst...

No immediate pressure on interest rates: HSBC

HSBC has said there`s no immediate pressure on lending rates even if Reserve Bank squeezes money sup...

RBI`s Interest Rate dilemma

It will be a Catch-22 situation for the RBI when it will sit to review the monetary policy on Januar...

Bankers hint at RBI tightening stance; warn of rising NPAs

Two leading bankers on Monday hinted at RBI tightening its monetary stance, which may lead to an inc...

Interest rates may go up: Bhatt

SBI Chairman O P Bhatt on Monday hinted at an increase in interest rates and further said loan defau...

PNB revises interest rates on non-resident deposits

The country’s second largest public sector lender, Punjab National Bank, has revised interest rates ...

No interest rate hike likely in six months: SBI

The country`s largest lender, State Bank of India, has said that there will be no hike in lending ra...

RBI can increase interest rate to tame price rise: Rangarajan

The Prime Minister’s Economic Advisory Council chairman, C Rangarajan, on Monday suggested that the ...

Rate talk swirls around RBI, Fin Min meet

A meeting of India`s central bank Governor Duvvuri Subbarao with Finance Minister Pranab Mukherjee f...

US Fed Reserve keeps interest rates near zero

The US Federal Reserve Wednesday kept interest rates at their historic low of near 0 percent and not...

RBI likely to hike key rates 1.25% next yr: Credit Suisse

Expectations of better growth figure and rising inflation might prompt the Reserve Bank to hike key...

European Central Bank leaves key interest rates unchanged

The European Central Bank today retained the benchmark rates, continuing with its low interest rate ...

PNB cuts interest rates on most NRI deposits

State-owned lender PNB has slashed interest rates on most NRI deposits of foreign currency denominat...

Interest rates to be stable for some time: ICICI Bank

ICICI Bank has said there would be no revision in interest rates for sometime, even as major players...

PNB slashes interest rates on term deposits by 25-50 bps

In view of surplus liquidity, state-run Punjab National Bank will reduce interest rates on fixed d...

US Fed keeps interest rates at record low

The US Federal Reserve continues to keep interest rates at their historic low of near 0 percent.

Fed to keep rates near zero to nurture recovery

Faced with lurking dangers to the budding recovery, Federal Reserve policymakers are sure to leave a...

Australian interest rates rise as economy surges

Australia`s Reserve Bank increased interest rates by 25 basis points on Tuesday, the second increase...

Bankers expect interest rates to remain stable till March 2010

Interest rates are expected to remain stable till March 2010 as Reserve Bank has left key policy r...

Interest rates likely to stay stable for 3-4 months: Bankers

Retail and corporate loan rates may stay the same as bankers on Tuesday ruled out any increase in ...

RBI likely to retain policy rates, may hike CRR: Experts

RBI is unlikely to signal hike in interest rates in its forthcoming monetary review this week, say e...

RBI unlikely to signal hike in interest rates: Pronab Sen

Pronab Sen on Thursday said that the Reserve Bank is unlikely to signal hike in interest rates in ...

Interest rates on micro loans falling 150 bps annually: Access

Interests rates on micro loans, which stand at over 20% in the country, are falling at an average of...

Subbarao, bankers discuss credit growth, interest rate hikes

Ahead of its second monetary policy review that is on October 27, Reserve Bank Governor D Subbarao o...

ICICI Bank reduces interest rates on auto loans by 50 bps

In a bid to woo customers in the festival season, India`s second largest lender ICICI Bank today c...

RBI likely to hike interest rates in Q4 FY`10: Parekh

The Reserve Bank is likely to hike interest rates marginally in the fourth quarter of this fiscal ...

No hike in interest rates on cards: SBI chief

SBI Chairman O P Bhatt has said no increase in interest rates is expected in the near future, allayi...

Govt not to tighten monetary policy

The govt opposes tighter monetary policy to curb rising food prices as this would hit economic growt...

Bank of Japan keeps key interest rate unchanged

The Bank of Japan upgraded its assessment of the world`s second-largest economy and held its key int...

SBI cuts 1,000-days deposit rate by 0.25%

The country`s largest PSU lender, State Bank of India, on Saturday reduced interest rate for deposit...

PNB cuts interest rates on non-resident deposits

Punjab National Bank has slashed interest rates on Foreign Currency Non-Resident deposit schemes for...

NSE launches interest rate futures, trades Rs 267 cr on day 1

The National Stock Exchange (NSE) which launched interest rate futures (IRF) today, registered a t...

Bankers see no upward movement in interest rates

Amidst ample liquidity, bankers do not see interest rates moving up and SBI Chairman O P Bhatt expec...

ICICI Bank launches special offer for new home loans

Private sector lender ICICI Bank on Wednesday said it has launched new home loan schemes at lower ...

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Blogs

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US-Pak: An affair gone wrong
Pak and US certainly can’t live without each other either.

KKR celebrations mock Bengali pride
The WB govt’s KKR celebration was ‘overboard’.

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World No Tobacco Day

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