Rbi Revision Of Interest Rates
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Will RBI Surprise Again? 3-Day Meeting Begins Amid Rate Hike Speculation
RBI's monetary policy committee on Monday began its three-day deliberation amid expectations of another round of hike in benchmark interest rates
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Indian Bank Hikes Lending Rate To 4.40%
State-owned Indian Bank on Saturday said it has revised the repo linked lending rate from 4 per cent to 4.40 per cent with effect from Monday (May 9)
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RBI's Repo Rate Hike Likely To Have Nominal Impact On Car Loans And Sales
The sudden revision has raised concerns among the car buyers and automakers, while according to the experts, it is likely to have minimal impact on interest rates.
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RBI To Keep Key Interest Rates On Hold, Provide Economic Forecasts: Poll
The RBI has so far refrained from providing any forecasts on growth or inflation due to the heightened uncertainty and risk of projections having to be revised frequently.
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RBI Suggests Finance Ministry To Align Small Savings Rate: Report
Small savings rates are revised every quarter and if there is no change in the rates, the finance ministry retains the existing rates.
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RBI Keeps Repo Rate Unchanged In Surprise Move, Sharply Lowers GDP Forecast: 10 Points
The Reserve Bank of India (RBI) kept its key lending rate unchanged in a shock decision on Thursday and sharply revised its forecast for the economy to project the weakest growth in seven years. The RBI's monetary policy committee led by its Governor Shaktikanta Das voted to hold the repo rate at 5.15 per cent. The central bank lowered its GDP grow...
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SBI Revises Interest Rates On Savings Deposits, Fixed Deposits
SBI interest rates: The cut in interest rates comes on the back of RBI's 135 basis points reduction in the repo rate so far this year.
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Growth, Rate-Cut Revisions By Economists After Shock GDP Slump: Report
The slump will put the onus on the RBI to continue cutting interest rates after 110 basis points of easing already this year, the economists said.
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SBI Reduces Key Lending Rates, Home Loans To Get Cheaper: 10 Things To Know
SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...
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SBI Home Loans Become Cheaper From Today: 10 Things To Know
State Bank of India (SBI), the country's largest lender by assets, has reduced its interest rate by 10 basis points or 0.10 per cent on home loans of up to Rs 30 lakh, a move which is likely to provide some respite to home loan borrowers. The revised rates on home loans or housing loans are applicable from Wednesday, April 10, according to a statem...
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SBI's Home Loan Interest Rates To Come Down From April 10, Details Here
This move comes after Reserve Bank of India (RBI) slashedits key interest rate by 0.25 per cent to 6 per cent in its second policy review under Governor Shaktikanta Das.
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After RBI Move, Can You Expect Change In Loan, FD Rates? Here's What Experts Say
Today's RBI repo rate revision - the second reduction this calendar year - means commercial banks will have more room to pass on the benefit of lower lending rates to loan borrowers.
-
SBI Hikes Fixed Deposit (FD) Interest Rates With Effect From Today
State Bank of India (SBI), the largest lender of the country, hiked its fixed deposit (FD) interest rates on select maturities with effect from today, the lender said on its website sbi.co.in.
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SBI Revises Debit Card Withdrawal Limits And Other Latest Updates: 10 Points
SBI customers can now withdraw only Rs 20,000 as compared to Rs 40,000 earlier from the Classic debit card. The move aims to checking fraudulent transactions. It is in line with RBI's directive on migration to EMV chip-and-pin cards, which protect user data.
-
RBI Seen Reducing Key Interest Rate In August, Say Experts
Private sector Kotak Bank is of the opinion that since the RBI has revised down its inflation trajectory sharply in the June policy, and given that inflation reading, the central bank has some room to be accommodative.
-
Will RBI Surprise Again? 3-Day Meeting Begins Amid Rate Hike Speculation
RBI's monetary policy committee on Monday began its three-day deliberation amid expectations of another round of hike in benchmark interest rates
-
Indian Bank Hikes Lending Rate To 4.40%
State-owned Indian Bank on Saturday said it has revised the repo linked lending rate from 4 per cent to 4.40 per cent with effect from Monday (May 9)
-
RBI's Repo Rate Hike Likely To Have Nominal Impact On Car Loans And Sales
The sudden revision has raised concerns among the car buyers and automakers, while according to the experts, it is likely to have minimal impact on interest rates.
-
RBI To Keep Key Interest Rates On Hold, Provide Economic Forecasts: Poll
The RBI has so far refrained from providing any forecasts on growth or inflation due to the heightened uncertainty and risk of projections having to be revised frequently.
-
RBI Suggests Finance Ministry To Align Small Savings Rate: Report
Small savings rates are revised every quarter and if there is no change in the rates, the finance ministry retains the existing rates.
-
RBI Keeps Repo Rate Unchanged In Surprise Move, Sharply Lowers GDP Forecast: 10 Points
The Reserve Bank of India (RBI) kept its key lending rate unchanged in a shock decision on Thursday and sharply revised its forecast for the economy to project the weakest growth in seven years. The RBI's monetary policy committee led by its Governor Shaktikanta Das voted to hold the repo rate at 5.15 per cent. The central bank lowered its GDP grow...
-
SBI Revises Interest Rates On Savings Deposits, Fixed Deposits
SBI interest rates: The cut in interest rates comes on the back of RBI's 135 basis points reduction in the repo rate so far this year.
-
Growth, Rate-Cut Revisions By Economists After Shock GDP Slump: Report
The slump will put the onus on the RBI to continue cutting interest rates after 110 basis points of easing already this year, the economists said.
-
SBI Reduces Key Lending Rates, Home Loans To Get Cheaper: 10 Things To Know
SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...
-
SBI Home Loans Become Cheaper From Today: 10 Things To Know
State Bank of India (SBI), the country's largest lender by assets, has reduced its interest rate by 10 basis points or 0.10 per cent on home loans of up to Rs 30 lakh, a move which is likely to provide some respite to home loan borrowers. The revised rates on home loans or housing loans are applicable from Wednesday, April 10, according to a statem...
-
SBI's Home Loan Interest Rates To Come Down From April 10, Details Here
This move comes after Reserve Bank of India (RBI) slashedits key interest rate by 0.25 per cent to 6 per cent in its second policy review under Governor Shaktikanta Das.
-
After RBI Move, Can You Expect Change In Loan, FD Rates? Here's What Experts Say
Today's RBI repo rate revision - the second reduction this calendar year - means commercial banks will have more room to pass on the benefit of lower lending rates to loan borrowers.
-
SBI Hikes Fixed Deposit (FD) Interest Rates With Effect From Today
State Bank of India (SBI), the largest lender of the country, hiked its fixed deposit (FD) interest rates on select maturities with effect from today, the lender said on its website sbi.co.in.
-
SBI Revises Debit Card Withdrawal Limits And Other Latest Updates: 10 Points
SBI customers can now withdraw only Rs 20,000 as compared to Rs 40,000 earlier from the Classic debit card. The move aims to checking fraudulent transactions. It is in line with RBI's directive on migration to EMV chip-and-pin cards, which protect user data.
-
RBI Seen Reducing Key Interest Rate In August, Say Experts
Private sector Kotak Bank is of the opinion that since the RBI has revised down its inflation trajectory sharply in the June policy, and given that inflation reading, the central bank has some room to be accommodative.
