As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to
RBI in its past three meetings – April, June, and August -- held the repo rate unchanged at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks.
Pune (Maharashtra) [India], September 12: Fixed deposits (FDs) are one of the most popular and safe investment options in India. They offer a fixed rate of interest for a specified tenure, ranging from a few days to several years. FDs are ideal for investors who want to earn a steady income
Pune (Maharashtra) [India], August 18: Bajaj Finance Ltd., one of India's leading non-banking financial companies has extended a big opportunity for individuals looking for substantial financial support. Be it business expansion, education expenses, medical emergencies, debt consolidation, o
Pune (Maharashtra) [India], July 10: Bajaj Markets, a subsidiary of Bajaj Finserv, grants chartered accountants access to professional loans of up to Rs. 40.5 Lakhs. With the rate of interest starting at 14% p.a., a professional loan for chartered accountants is affordable and customised for
Pune (Maharashtra) [India], June 30: Fixed deposits have long been preferred investment avenues in the country. Almost 90% of Indian families consider FDs to be a reliable investment tool. And with good reason, since these are fixed-income instruments where the rate of interest does not depe
Pune (Maharashtra) [India], April 6 (ANI/NewsVoir): A fixed deposit is a type of savings account offered by banks, post offices and NBFCs where you can deposit money for a fixed period at a fixed rate of interest. Investing in a fixed-income instrument like an FD helps in growing wealth over
The government has raised the rate of interest on various Small Savings Schemes for the first quarter of the financial year 2023-24 starting April 1 (today) by up to 70 basis points (100 basis point is equal to 1 percentage point).
Recently inaugurated Pokhara International Airport has come up with a USD 215 million loan from the Chinese EXIM Bank. The terms for this financing are highly adverse for Nepal's economy. The rate of interest charged on this loan is 2 per cent, much higher than what other multilateral lender
Pune (Maharashtra) [India], January 30 (ANI/BusinessWire India): Bajaj Markets, a subsidiary of Bajaj Finserv, will help aspiring entrepreneurs with Business Loans from 9 partners across India. Bajaj Markets provides access to well-curated new business loans that attract a nominal rate of in
Robust foreign fund inflows into Indian equities, the appreciating Rupee, and hints by the US central bank about the moderating rate of interest hikes supported investors' sentiment.
Mumbai (Maharashtra) [India], September 28 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home loan balance transfer process. You can now move your home loans from other financial instit