RBI holds rates as inflation, growth outlook worsens
The Reserve Bank of India (RBI) left interest rates unchanged for the second time since June, in line with expectations, while cutting its growth forecast and lifting its inflation outlook as economic conditions deteriorate.
Interest subsidy on home loans soon?
In a bid to help low and medium income households to own their own dwellings, the government is likely to announce one per cent of interest subsidy on housing loans up to Rs15 lakh with cost of the ho
Centre to fix hospital rates
To make healthcare affordable for all, the Union health ministry is planning to define the range of rates a clinical establishment can charge for different procedures and treatments. The plan is to ca
ICICI Bank raises lending rates by 50 basis points
Country's largest private lender ICICI Bank today announced a hike in lending rates by 50 basis points.
The bank raised the base rate, or the minimum lending rate, from 9.50 per cent to 10 per cent,
RBI may hike policy rates by 25 bps on Tuesday
The Reserve Bank of India (RBI) is likely to raise key policy rates by 25 basis points in its monetary policy review on Tuesday as inflation is expected to remain near double-digits for the next two q
RBI raises rates by 50 bps, exceeding forecasts
The Reserve Bank of India raised interest rates by a sharper-than-expected 50 basis points on Tuesday and signalled it would battle stubbornly high inflation even at the expense of the government's ec
Loans to pinch more as lending rates set to go up soon
Home, auto and corporate loan rates are likely to rise soon by up to 0.50 per cent in tune with the hike in key policy rates by the Reserve Bank, leading banks including SBI and ICICI Bank said today
RBI raises rates by 25bps; CRR unchanged
The Reserve Bank on Tuesday hiked its key short-term lending and borrowing rates by 25 basis points each with immediate effect to rein in inflation, a move that could increase banks' commercial lendin
RBI rate hike may impact industrial growth
New Delhi: The Reserve Bank of India (RBI) move to raise interest rates for the sixth time this year will have a negative impact on interest sensitive sectors like consumer durables, auto and housing,
RBI may raise rates to curb inflation: Mukherjee
New Delhi: Finance minister Pranab Mukherjee Monday hinted that The Reserve Bank of India (RBI) may increase key interest rates further to contain inflation.
"RBI monitory policy will be announced