Search For "interest rate"
SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): The country's largest lender State Bank of India (SBI) on Wednesday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 to 15 basis points across all tenors.
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India's prime residential market remains resilient in 2019: Knight Frank
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Despite wealth growth and record low interest rates in most advanced economies, the economic slowdown has weighed on prime property prices across the globe, according to Knight Frank's Prime International Residential Index (PIRI 100).
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EPFO slashes interest rates on deposits to 8.5%
Updated : 6 years ago IST
New Delhi [India], Mar 05 (ANI): Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) has decided to decrease the interest rate of employees provident fund to 8.5 percent for 2019-2020, announced Labour Minister Santosh Gangwar on Thursday.
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Equity indices in the green, FMCG and IT stocks gain
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 5 (ANI): Equity benchmark indices traded with a positive bias during early hours on Thursday as global markets swung higher with central banks offering interest rate cuts to stabilise economic outlook amid spreading coronavirus.
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US Federal Reserve cuts rates by 50 basis points amid coronavirus concerns
Updated : 6 years ago IST
Washington D.C. [USA], Mar 4 (ANI): The US Federal Reserve on Tuesday (local time) lowered the interest rates by half a percentage point as coronavirus poses "evolving risks" to economic activity in the country.
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Here's how can you get tax benefits from personal loans
Updated : 6 years ago IST
Pune (Maharashtra) [India] Feb 20 (ANI/BusinessWire India): A personal loan, while collateral-free and easy to obtain, can be expensive as some lenders levy high loan interest rates. While applying with the right lender can bring down your net interest outgo, another way to save is to mak
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HSBC to slash 35,000 jobs, cut costs by $4.5 billion as earnings miss targ
Updated : 6 years ago IST
Hong Kong, Feb 18 (ANI): HSBC, the largest of Hong Kong's three currency-issuing banks, said on Tuesday it plans to cut as much as 35,000 jobs, reduce costs by an additional 4.5 billion US dollars and shrink its investment bank in Europe and the United States as part of a broad overhaul by i
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Equity gauges close lower, banking stocks underperform
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): Markets traded with a negative bias for most of the trading session on Thursday, a day after the government released data on inflation and factory output which quashed hopes for an immediate cut in key interest rates.
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Equity indices on low swing, private banks lag
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): Equity benchmark gauges were on a weak ground during early hours on Thursday, a day after the government released data on inflation and factory output which quashed hopes for an immediate cut in key interest rates.
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Equity indices in the green ahead of RBI monetary policy
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): Equity benchmark indices advanced during early hours on Thursday ahead of the Reserve Bank of India (RBI) meeting to decide on key interest rates.
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Equity indices volatile but clock gains ahead of RBI meet on interest rate
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 5 (ANI): Equity benchmark indices were volatile on Wednesday but closed 0.9 per cent higher as investors made calculated bets ahead of the Reserve Bank of India's policy rate decision.
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NAREDCO calls for lowering interest rate on home loans
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 29 (ANI): The National Real Estate Development Council (NAREDCO) on Wednesday called for lower interest rates or no cap limit on interest subsidy of home loans in the upcoming Union Budget for 2020-21.
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