Search For "interest rate"
US Fed signals slowdown in policy rate hikes
Updated : 3 years, 3 months ago IST
For the record, the US Federal Reserve on November 3 raised key interest rates in its fight against red-hot inflation in the country. It raised the key policy rate by 75 basis points to over a decade high at 3.75-4.0 per cent. Notably, this was the fourth consecutive hike of such magnitude.
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Interest subvention on Kisan Credit Card loans for 2022-23, 2023-24 approv
Updated : 3 years, 3 months ago IST
The interest rate for short-term loans up to Rs 300,000 through Kisan Credit cards (KCC) for farmers will be seven per cent and interest subvention will be 1.5 per cent for the current financial year 2022-23 and the next 2023-24, RBI said in a statement on Wednesday.
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Ujjivan Small Finance Bank increases interest rate on some fixed deposits;
Updated : 3 years, 3 months ago IST
Bengaluru (Karnataka) [India], November 23 (ANI/NewsVoir): Ittira Davis, Managing Director and Chief Executive Officer, Ujjivan SFB, commented, "The FD rate increase is a reinforcement of our commitment to offer our customers the best products. This also is in line with our retail strategy o
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Bajaj Finance raises rates by up to 10 bps and earn returns up to 7.95 per
Updated : 3 years, 3 months ago IST
Pune (Maharashtra) [India], November 22 (ANI/NewsVoir): Bajaj Finance has raised the fixed deposit interest rate by up to 10 bps. All customers can take advantage of higher FD rates for all investments made after 22nd November 2022. With this fixed deposit, you can now receive up to 7.95% p.
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Bajaj Finance has raised its FD Rates by up to 10 bps. Now earn returns up
Updated : 3 years, 4 months ago IST
Pune (Maharashtra) [India], November 8 (ANI/NewsVoir): The CRISIL AAA/STABLE and [ICRA]AAA(Stable), Bajaj Finance has good news for all its investors. With effect from November 8, 2022, the fixed deposit rates for all investments starting at Rs 15,000 have been changed. In order to speed up
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RBI likely to further hike repo rate by 45 to 50 basis points, says Punjab
Updated : 3 years, 4 months ago IST
Reserve Bank of India will hike the repo rate by 45 to 50 basis points, Punjab and Sind Bank Managing Director Swarup Kumar Saha on Saturday as the Bank of England has increased its interest rate. Punjab and Sind Bank is expecting a hike of 50 basis points in the Repo Rate.
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Bank of England raises bank rate, the highest in 30 years, to combat infla
Updated : 3 years, 4 months ago IST
The updated projections of the Monetary Policy Committee (MPC) of the Bank of England for activity and inflation described a very challenging outlook for the UK economy, as set out in the accompanying November Monetary Policy Report.
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US Fed further raises key interest rates in fight against inflation
Updated : 3 years, 4 months ago IST
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
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Indian markets rally; Sensex up 786 pts and Nifty surges 224 pts
Updated : 3 years, 4 months ago IST
The indices rose on Monday tracking gains from Friday's US markets amid hopes of slower interest rate hikes coupled with healthy corporate earnings back here in India and the seeming return of foreign funds during the past week. The rally in the markets was backed by stock-specific movements
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Build wealth by assessing your returns with Bajaj Finance FD Calculator
Updated : 3 years, 4 months ago IST
Pune (Maharashtra) [India], October 18 (ANI/NewsVoir): Leading banks, NBFCs, and other financial institutions have made it easier for people to invest in a fixed deposit to build wealth safely. The recent repo rate hikes have also resulted in higher FD interest rates, allowing retail investo
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RBI imposes monetary penalty on Rajgurunagar Sahakari Bank Limited
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 4 lakh on Pune-based The Rajgurunagar Sahakari Bank Limited on non-compliance with directions of the central bank on the interest rate and deposits.
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Bajaj Finserv revises gold loan interest rates, offers loans at 9.50 perce
Updated : 3 years, 5 months ago IST
Pune (Maharashtra) [India], October 17 (ANI/NewsVoir): Bajaj Finance Limited, the lending and investment arm of the Bajaj Finserv Group, announced a revision to their gold loan interest rate. The lender now offers secured gold loans starting from 9.50% p.a.
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