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News
Bank interest rate
Bank interest rate News
Indian Overseas Bank
12 Sep 2022
THIS bank increases interest rate on FDs; check new rate, policy terms
RBI hiking the repo rate in tranches. IOB has increased the interest rate on FDs. The new rule will come into effect from September 13.
RBI rate cut
29 Jan 2016
'RBI may slash policy rate by 0.25% on Feb 2'
Towards the end of financial year 2015-16, the Reserve Bank of India is approaching the end of its rate-cutting cycle and is expected to slash the repo rate by 0.25 percent on Feb 2
Bank interest rate
14 Jan 2016
Bank FDs to fetch poor interest; PPF, NSC rates set to fall
Interest rate on various small savings like PPF, NSC and Post Office savings are set to fall as the government is contemplating reduction in rates.
Raghuram Rajan
03 Feb 2015
Can't ask banks to cut rates, competition will force them: Rajan
With most banks yet to pass on the benefit of lower interest rates to consumers following the rate cut last month, RBI Governor Raghuram Rajan on Tuesday said the central bank cannot ask them to lower the rates, but eventually competition will force them to do so.
CCI
21 Nov 2014
Banks under under CCI lens for similar interest rates
The trend has come to the attention of the fair trade watchdog since the Reserve Bank of India (RBI) has decontrolled the interest rates and each bank is free to fix its own rate.
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