With India experiencing strong economic growth, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, says a report from the State Bank of India (SBI).
The central government has kept the interest rates unchanged on various small savings schemes for the October-December quarter, according to an official notification from the Ministry of Finance.
Pune (Maharashtra) [India], September 30: Bajaj Finance, a leading name in India's financial sector, has a streamlined financial solution for individuals seeking significant funds through its Loan Against Property (LAP). With competitive mortgage loan interest rates, flexible repayment tenur
UBS also predicts gold will climb to USD 2,850 per ounce by mid-2025 and USD 2,900 by the third quarter of 2025, further underscoring its bullish outlook on the metal. The rally in gold prices has been supported by declining US real interest rates, central bank purchases, and a seasonal reco
New Delhi [India], September 28: Managing multiple debts can be a challenge and can even cause an overload on your overall financial situation. Therefore, it is important to devise strategies that can help you effectively handle the existing financial obligations and avoid the accumulation o
Mumbai (Maharashtra) [India], September 27: Shriram Finance, a leading Non-Banking Financial Company (NBFC) in India, offers special benefits for senior citizens investing in Shriram Fixed Deposit. Senior citizens aged 60 and above will enjoy an additional interest rate of 0.50%* per annum (
Foreign Portfolio Investment (FPI) in India witnessed a significant decline this week amid market volatility driven by concerns over possible interest rate cuts by the U.S. Federal Reserve.
Bangalore (Karnataka) [India], September 20: Jana Small Finance Bank, one of India's leading small finance banks, today announced the launch of a comprehensive solution "Liquid Plus" Fixed Deposit with attractive interest rate of 6.75% p.a. for tenures ranging from 7 to 180 days. The rate is
Indian bond markets may witness high inflows in the coming months as the fed rate cut decision has made interest rate difference in India and other countries, highlighted a report by SBI.
The Indian stock market on Thursday reacted with a strong positive sentiment to the US Federal decision that reduced interest rate to 50 basis points, marking the first decrease since 2020.
Faced with high inflation during the COVID-19 pandemic, the US monetary policy committee raised the policy rate by 425 basis points in 2022 and another 100 basis points in 2023 as part of its commitment to restoring price stability.