Search For "interest rates"
Govt. announces interest rate cut on small saving schemes by 0.1 pct
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 31 (ANI): The Centre on Friday announced a slash in interest rates for small savings schemes, including Public Provident Fund, by 0.1 percent in effect from April 1.
Read More
ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts,
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 8 (ANI): As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the i
Read More
Lowering of interest rates need of the hour :FICCI
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 2(ANI): Commenting on the lending rate cuts announced by banks such as SBI, Union Bank of India and IDBI, FICCI on Monday said lowering of interest rate is the need of the hour.
Read More
Interest cut to be far cry as dollar, crude rise: ASSOCHAM Paper
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 18 (ANI): The prospects for cut in the policy interest rates by the Reserve Bank of India (RBI) may be adversely affected by continuous pressure on rupee against dollar, firming of the U.S. interest rates along with the hardening of the crude oil prices, an ASSOCHAM P
Read More
U.S. Fed interest rate hike has impacted price of gold, says RSBL MD
Updated : 8 years, 6 months ago IST
Mumbai [India], Dec.16 (ANI-Businesswire India): Mr. Prithviraj Kothari, Managing Director of Riddi Siddhi Bullions Ltd. (RSBL) is of the view that the decision by the United States Federal Bank to raise interest rates has impacted the price of gold.
Read More
Oil prices fall after US Federal Reserve hikes interest rates
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 15 (ANI): Oil prices on Thursday dropped after the hike in the US interest rates prompted a flood of money away from commodities and into US bonds and the dollar.
Read More
Industry expecting clarity from RBI on demonetisation disruption, says ASS
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec.7 (ANI): By maintaining a status quo on the policy rates, the Reserve Bank of India has defied a widespread expectation of at least a 25 basis points cut in the interest rates, but the industry and the trade expected a little more clarity from the central bank on the t
Read More
NPAs, less debt appetite road blocks for bank lending despite deposit pile
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 1 (ANI): Despite banks filled with huge deposits following demonetization, a very high level of non-performing assets and reducing appetite for more loans from the over-leveraged industry would come in the way of increased bank lending despite bond yields falling even
Read More
Brexit impact: Lloyds Bank to cut 3,000 jobs, close 200 branches
Updated : 8 years, 6 months ago IST
London, July 29 (ANI): The negative impacts of Brexit have already started hitting the British economy as British Lloyds Banking Group on Friday announced, that it is cutting 3,000 jobs and shutting 200 branches, as the lender braces for a cut in interest rates following Britain's exit
Read More