interest rates
RBI may cut CRR but keep rates on hold
The Reserve Bank of India (RBI) is not expected to cut interest rates at its review on Tuesday as it remains worried about inflation, but it may cut the cash reserve ratio (CRR) for banks as a way to
High interest rate hurting growth, says RBI
Admitting that high interest rate is hurting economy, the Reserve Bank of India (RBI) on Friday said the country's growth rate is likely to moderate to 7.5-7.6 per cent this fiscal.
"Since we had 7.
RBI raises key rates by 25 bps; auto, home loans to cost more
Concerned over high inflation, the Reserve Bank on Friday raised key interest rates by 25 basis points, its 12th such hike since March, 2010, making auto, home and other loans more expensive.
Follow
Analysts expect another rate hike on October 25
The Reserve Bank which today went in for 12th hike in policy rates over the last 18 months may not take a pause and there is every likelihood of the central bank going for another rate hike in the Oct
Opt for loan transfer to benefit from lower rates
A home loan transfer (also known as refinancing or balance transfer) is an option that most individuals opt for to avail the benefit from lower interest rates prevalent in the market.
Usually the exi
Banks hike rate to cheer depositors
Mumbai, Dec. 6: Savers have a reason to cheer as banks have started to revise upwards rates on fixed deposits. On Monday, India’s largest bank, the State Bank of India, raised interest rates on fixed
India's annual food inflation nudges up to 16.37 per cent
New Delhi: India's annual food inflation moved up a bit to 16.37 per cent for the week ended on October 2 compared to 16.24 per cent the previous week, increasing the pressure on the Reserve Bank of I
