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IMF Fears Zimbabwe’s Plan to Launch Gold-Backed Digital Asset Could Trigger Financial Instability
The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...
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Kotak Mahindra Bank Cuts 1-Year Interest Rate By 20 Basis Points, Hikes For Other Tenors
Private sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points.
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Rate Hikes Will Test The Buy Now Pay Later Business Model
Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the prospect of consolidation in the sector.
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Indian Stocks May See First Annual Decline In 7 Years: Report
India's equity markets will mark their first annual decline in seven years in 2022 as higher interest rates and weakening growth prospects reduce the chances of a quick rebound from this year's already sharp drop, a Reuters poll showed.
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Bank Of Baroda Cuts Interest Rate On Car Loans
Bank of Baroda today reduced interest rates on car loans, lowering them to 7 per cent along with concession charges
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Bank Of Baroda Cuts Interest Rate On Home Loans
Bank of Baroda on Friday said it has reduced interest rate on home loans to 6.50 per cent per annum from 6.75 per annum for a limited period
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Central Government Employees Can Now Avail House Building Advance At Reduced Rate
The employees can avail of this facility for repaying bank loan taken for either constructing or purchasing a new flat or house.
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PF Interest Reflects "Today's Realities", Said Nirmala Sitharaman: 10 points
Employees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. The retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent for the previous fiscal, 2020-21.
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Retirement Fund Body EPFO Cuts Interest Rates To Lowest In Over 40 Years: 10 Points
Employees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. On Saturday, the retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent from 8.5 per cent in the previous fiscal, 2020-21.
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Vodafone Idea (Vi) Expects Another Hike in Mobile Services Rates This Year, CEO Ravinder Takkar Says
Vi may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said.
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Union Bank Of India Cuts Home Loan Rates To 6.40%: Check Features
Union Bank of India home loan rate: The reduced rate of 6.40 per cent will come into effect from October 27, 2021, said the state-run lender in a statement today
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Bajaj Housing Finance Cuts Home Loan Rates To 6.70%: Check Features
The eligible applicants can transfer the balance amount on the home loan to Bajaj Housing Finance Limited and avail the reduced interest rate - now revised to 6.70 per cent.
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Income Proof, Property Papers: List Of Documents Required To Avail SBI Home Loan
SBI Home Loan: To avail the home loan, customers need to have important documents such as income proof, property papers, account statements, identity cards, among others
-
SBI Cuts Home Loan Interest Rates To 6.7%: Check All Benefits
SBI Home Loan Latest Rates: The State Bank of India (SBI) has reduced home loan interest rates to 6.7 per cent amid the festive season to support home loan customers.
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Kotak Mahindra Bank Cuts Home Loan Interest Rates To 6.5%
Kotak Mahindra Bank has reduced interest rates on home loans to 6.50 per cent per annum for a limited festive season offer, which will begin from September 10 and will continue till November 8, 2021.
-
IMF Fears Zimbabwe’s Plan to Launch Gold-Backed Digital Asset Could Trigger Financial Instability
The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...
-
Kotak Mahindra Bank Cuts 1-Year Interest Rate By 20 Basis Points, Hikes For Other Tenors
Private sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points.
-
Rate Hikes Will Test The Buy Now Pay Later Business Model
Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the prospect of consolidation in the sector.
-
Indian Stocks May See First Annual Decline In 7 Years: Report
India's equity markets will mark their first annual decline in seven years in 2022 as higher interest rates and weakening growth prospects reduce the chances of a quick rebound from this year's already sharp drop, a Reuters poll showed.
-
Bank Of Baroda Cuts Interest Rate On Car Loans
Bank of Baroda today reduced interest rates on car loans, lowering them to 7 per cent along with concession charges
-
Bank Of Baroda Cuts Interest Rate On Home Loans
Bank of Baroda on Friday said it has reduced interest rate on home loans to 6.50 per cent per annum from 6.75 per annum for a limited period
-
Central Government Employees Can Now Avail House Building Advance At Reduced Rate
The employees can avail of this facility for repaying bank loan taken for either constructing or purchasing a new flat or house.
-
PF Interest Reflects "Today's Realities", Said Nirmala Sitharaman: 10 points
Employees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. The retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent for the previous fiscal, 2020-21.
-
Retirement Fund Body EPFO Cuts Interest Rates To Lowest In Over 40 Years: 10 Points
Employees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. On Saturday, the retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent from 8.5 per cent in the previous fiscal, 2020-21.
-
Vodafone Idea (Vi) Expects Another Hike in Mobile Services Rates This Year, CEO Ravinder Takkar Says
Vi may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said.
-
Union Bank Of India Cuts Home Loan Rates To 6.40%: Check Features
Union Bank of India home loan rate: The reduced rate of 6.40 per cent will come into effect from October 27, 2021, said the state-run lender in a statement today
-
Bajaj Housing Finance Cuts Home Loan Rates To 6.70%: Check Features
The eligible applicants can transfer the balance amount on the home loan to Bajaj Housing Finance Limited and avail the reduced interest rate - now revised to 6.70 per cent.
-
Income Proof, Property Papers: List Of Documents Required To Avail SBI Home Loan
SBI Home Loan: To avail the home loan, customers need to have important documents such as income proof, property papers, account statements, identity cards, among others
-
SBI Cuts Home Loan Interest Rates To 6.7%: Check All Benefits
SBI Home Loan Latest Rates: The State Bank of India (SBI) has reduced home loan interest rates to 6.7 per cent amid the festive season to support home loan customers.
-
Kotak Mahindra Bank Cuts Home Loan Interest Rates To 6.5%
Kotak Mahindra Bank has reduced interest rates on home loans to 6.50 per cent per annum for a limited festive season offer, which will begin from September 10 and will continue till November 8, 2021.
