Search For "interest rate"
PNB to raise interest rate following 40 basis points repo rate increase by
Updated : 3 years, 10 months ago IST
New Delhi [India], May 12 (ANI): Punjab National Bank (PNB) is set to increase interest rates following the hike in policy repo rate by the Reserve Bank of India, PNB Managing Director and Chief Executive Officer Atul Kumar Goel said on Thursday.
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Bajaj Finance Limited announces increase in FD Rate effective May 10, 2022
Updated : 3 years, 10 months ago IST
Pune (Maharashtra) [India], May 11 (ANI/NewsVoir): Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv, has increased the Interest Rates on their Fixed Deposit (FD) programme by up to 10 basis points for tenor between 36 to 60 months.
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SBI hikes interest rates on bulk fixed deposits by up to 0.9 per cent
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 10 (ANI): The country's largest lender State Bank of India (SBI) has hiked interest rates on domestic bulk term deposits of Rs 2 crore and above by up to 0.90 per cent with effect from Tuesday.
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Rupee hits record low; closes 60 paise down at 77.50 against US dollar
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 9 (ANI): The Indian rupee hit a record low of 77.58 against the US dollar on Monday amid unabated outflow of foreign funds after the Federal Reserve hiked policy interest rates last week.
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RBI's repo rate hike part of synchronised event globally: Finance Minister
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said the recent decision of the Reserve Bank of India (RBI) to hike key policy interest rates is a part of the synchronised event by the central banks globally.
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HDFC raises interest rate on home loans by 0.30 per cent
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Just three days after the Reserve Bank of India (RBI) hiked the policy repo rate, the country's largest mortgage lender Housing Development Finance Corporation (HDFC) on Saturday announced 0.30 per cent increase in its home loans.
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PNB hikes interest rates on term deposits by 60 bps
Updated : 3 years, 10 months ago IST
New Delhi [India], May 6 (ANI): Punjab National Bank has increased interest rates on term deposits in selected buckets up to 60 basis points with effect from Saturday.
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BFSL's Margin Trade Financing with one of the lowest interest rates is a p
Updated : 3 years, 10 months ago IST
Pune (Maharashtra) [India], May 5 (ANI/BusinessWire India): Margin Trading Financing (MTF) is a useful arrow in the quiver used in the hunt for profits in the stock market. It helps to leverage delivery trades.
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Australian central bank hikes interest rate for first time in over decade
Updated : 3 years, 10 months ago IST
Sydney [Australia], May 3 (ANI/Xinhua): After dropping interest rates down to historic low levels during the pandemic, the Reserve Bank of Australia (RBA) has hiked interest rates by 0.25 to 0.35 per cent, the first rise since 2010, in an effort to calm growing inflation.
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Bajaj Finance Fixed Deposit offers a Safe Investment Option with interest
Updated : 3 years, 10 months ago IST
Pune (Maharashtra) [India], May 2 (ANI/NewsVoir): For many investment options, market volatility affects the returns, but this is not the case with fixed deposits.
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Bank of Baroda cuts interest rates, processing charge on car loan
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 2 (ANI): Public sector lender Bank of Baroda on Monday said it has lowered the interest rate on car loans by 0.25 per cent to 7 per cent per annum and reduced processing charge for a limited period till June 30 in order to boost lending in car loan segment.
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HDFC increases interest rates by 5 basis points
Updated : 3 years, 10 months ago IST
New Delhi [India], May 1 (ANI): HDFC consumers will pay a higher interest rate on loans as HDFC increased its Retail Prime Lending Rate (RPLR) on housing loans on which its Adjustable Rate Home Loans (ARHL) are benchmarked by 5 basis points with effect from today.
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