Search For "interest rate"
RBI cuts key interest rates, forecasts H1 FY21 GDP growth to contract on C
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial
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NHPC raises Rs 750 crore at coupon of 6.80 pc per annum
Updated : 5 years, 10 months ago IST
New Delhi [India], Apr 23 (ANI): State-owned NHPC Ltd said on Thursday it has raised Rs 750 crore through private placement of bonds at a competitive interest rate of 6.80 per cent per annum for a loan tenure of 10 years.
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Strange and unscrupulous: Adhir Chowdhury on Centre lowering interest rate
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 1 (ANI): Congress leader Adhir Ranjan Chowdhury on Wednesday slammed the "strange and unscrupulous" method of the central government to lower the rates of interest on various small savings schemes.
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Congress asks govt to withdraw order reducing interest rates on small savi
Updated : 5 years, 11 months ago IST
New Delhi [India], April 1 (ANI): The Congress on Wednesday said the government's decision to reduce interest rates on small saving schemes was a "fatal blow" to the economic security of depositors and sought its withdrawal.
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Government lowers interest rates on PPF, Sukanya, Senior Citizen, other sm
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 31 (ANI): Facing economic challenges due to threat posed by coronavirus, the government on Tuesday lowered the rates of interest on various small savings schemes including Public Provident Fund, Sukanya Samriddhi and Kisan Vikas Patra for the first quarter of the fina
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Grow your savings by investing a portion of your salary in an FD
Updated : 5 years, 11 months ago IST
Pune (Maharashtra) [India], Mar 31 (ANI/ BusinessWire India): Budgeting and saving a portion of your salary every month helps you build a corpus over time, which you can later utilise to meet your goals. However, the rate of interest offered on a savings account is hardly enough to combat in
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Start the new financial year on the right foot: invest in an FD
Updated : 5 years, 11 months ago IST
Pune (Maharashtra) [India], Mar 28 (ANI/ BusinessWire India): With the new financial year on the horizon, the time is right for a re-assessment of your risk profile, given the volatility in the market today and the condition of the Indian economy. The Reserve Bank of India (RBI) announced on
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Equity indices slump amid panic selling, Yes Bank surges by 43 pc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): Equity indices plunged by nearly 7 per cent during the afternoon on Monday as the coronavirus pandemic showed no signs of ebbing and the US Federal Reserve cut interest rates to near-zero a day earlier to help shore up the world's largest economy.
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Equities tumble as panic selling continues, Yes Bank surges by 48 pc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): Equity indices nosedived by nearly 4.5 per cent during early hours on Monday amid the rapidly escalating global coronavirus pandemic even though the US Federal Reserve cut interest rates to near-zero a day earlier to help shore up the world's la
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Federal Reserve cuts interest rates to near zero to support US economy ami
Updated : 2 years, 4 months ago IST
Washington DC [USA], Mar 16 (ANI): The US Federal Reserve has announced it would cut its target interest rate to near zero as part of the emergency action to support the US economy from the impact of the coronavirus pandemic.
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Monthly balance maintenance waived off on 44.51 crore SBI savings bank acc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): State Bank of India (SBI) announced on Thursday that it has decided to waive maintenance of Average Monthly Balance (AMB) for all savings accounts.
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Bank of England slashes interest rates to record low in coronavirus emerge
Updated : 6 years ago IST
London [UK], Mar 11 (ANI): The Bank of England has slashed interest rate to a record low and have launched other measures to limit the economic fallout from the novel Coronavirus (Covid-19), the Central bank said in a statement on Wednesday.
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