News for 'Bank Rates'

India Inc hits pause on factory expansion in March

India Inc hits pause on factory expansion in March

Rediff.com10 Apr 2026

India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.

Gulf War: How To Manage Investments, Household Budget

Gulf War: How To Manage Investments, Household Budget

Rediff.com17 Mar 2026

Households should moderate large discretionary expenses for the time being.
'They should prioritise essential spending. They should maintain an emergency fund covering 6 to 12 months of expenses.'

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

VinFast targets 75 dealerships by 2026, expands EV ecosystem in India

Rediff.com30 Mar 2026

Vietnamese automobile major VinFast is rapidly expanding its retail network in India, aiming for 75 dealerships across 60 cities by the end of 2026, while also building a comprehensive EV ecosystem.

Gold futures plunge Rs 8,089 to Rs 1.36 lakh/10g on global selloff, inflation fears

Gold futures plunge Rs 8,089 to Rs 1.36 lakh/10g on global selloff, inflation fears

Rediff.com23 Mar 2026

Gold prices experienced a significant drop in futures trading due to global selloff, inflation concerns, and a strong US dollar. Analysts predict a continued downward trend amid geopolitical tensions and potential rate hikes.

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Rediff.com24 Nov 2025

With deposit growth remaining sluggish and the credit - deposit ratio of commercial banks crossing 80 per cent, banks have ramped up their borrowing in the certificate of deposit (CD) market. In the fortnight ended November 14, CD issuances climbed to nearly Rs 55,000 crore - double the borrowings of the preceding two fortnights and the highest since the September 19 fortnight.

RBI trims rate by 25bps to 5.25%; loans to get cheaper

RBI trims rate by 25bps to 5.25%; loans to get cheaper

Rediff.com5 Dec 2025

Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.

Short-term debt flows shifting from CPs to CDs

Short-term debt flows shifting from CPs to CDs

Rediff.com16 Feb 2026

Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.

Adityanath Accuses TMC of Appeasement, Promises 'Double-Engine' Growth in Bengal

Adityanath Accuses TMC of Appeasement, Promises 'Double-Engine' Growth in Bengal

Rediff.com12 Apr 2026

Uttar Pradesh Chief Minister Yogi Adityanath criticised the TMC government in West Bengal, accusing it of appeasement policies and urging voters to elect a BJP government for inclusive governance and development.

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Gains ahead for Bharti Airtel on multiple triggers, recent correction

Rediff.com10 Apr 2026

Despite recent share price dips, Bharti Airtel is strategically positioned for growth, driven by investments in data centres via Nxtra, a potential tariff hike, and strong performance in Africa, alongside efforts to deleverage and expand its subscriber base in underpenetrated rural markets.

RBI imposes Rs 91 lakh penalty on HDFC Bank

RBI imposes Rs 91 lakh penalty on HDFC Bank

Rediff.com28 Nov 2025

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).

Bengaluru EV Dealers Arrested for Subsidy Scam

Bengaluru EV Dealers Arrested for Subsidy Scam

Rediff.com14 Mar 2026

Two men in Bengaluru have been arrested for allegedly defrauding people by offering electric vehicles at subsidised rates under a fake central government scheme.

OTP Scams Top Cyber Fraud List

OTP Scams Top Cyber Fraud List

Rediff.com27 Feb 2026

OTP scams accounted for over one-fourth of all cyber frauds.

Rate Cut effect: PFC, Sidbi plan to raise Rs 11,000 crore from bond market

Rate Cut effect: PFC, Sidbi plan to raise Rs 11,000 crore from bond market

Rediff.com8 Dec 2025

Activity in the corporate bond market is set to gain momentum following a 25-bp policy repo rate cut by the rate-setting panel of the Reserve Bank of India (RBI). State-owned public cebPower Finance Corporation (PFC) and Small Industries Development Bank of India (Sidbi) are planning to raise up to Rs 11,500 crore through bonds on Tuesday as issuers expect borrowing costs to ease.

POCO X8 Pro On Sale

POCO X8 Pro On Sale

Rediff.com24 Mar 2026

If you are interested in purchasing a POCO X8 Pro you are in luck...

Home, auto loans to get cheaper as RBI cuts interest rate

Home, auto loans to get cheaper as RBI cuts interest rate

Rediff.com5 Dec 2025

Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.

IPL 2026 Preview: KKR vs SRH: Can KKR stop SRH's power-hitters?

IPL 2026 Preview: KKR vs SRH: Can KKR stop SRH's power-hitters?

Rediff.com1 Apr 2026

Kolkata Knight Riders will be looking for their spinners to rediscover their form against Sunrisers Hyderabad in their IPL match.

IPL 2026: Samson, Young Guns Drive CSK's Rebuild

IPL 2026: Samson, Young Guns Drive CSK's Rebuild

Rediff.com30 Mar 2026

Chennai Super Kings head into IPL 2026 with a young squad, new signings like Sanju Samson and a focus on rebuilding as Mahendra Singh Dhoni's era nears its final chapter.

Buying Online May Soon Be As Simple As Looking At Your Phone

Buying Online May Soon Be As Simple As Looking At Your Phone

Rediff.com25 Feb 2026

Mastercard and Visa are introducing passkeys that will allow users to authenticate card payments with face scans or fingerprints, eliminating the need for one-time passwords (OTPs).

Inefficiency in MFIs leads to high interest rates: DFS secretary M Nagaraju

Inefficiency in MFIs leads to high interest rates: DFS secretary M Nagaraju

Rediff.com14 Nov 2025

The reduction in the number of loan accounts and the outstanding amount during the last financial year is a cause of concern and stress for microfinance institutions (MFI), Secretary, Department of Financial Services, M Nagaraju said on Thursday, highlighting "inefficiency" in MFIs that leads to higher rates of interest.

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

Rediff.com2 Mar 2026

The Reserve Bank of India (RBI) announced that it processed 99.8% of applications within the prescribed timeline under its Citizen's Charter in February, demonstrating high efficiency in its operations.

Adityanath Slams TMC's Appeasement Policies, Urges Support for BJP in West Bengal

Adityanath Slams TMC's Appeasement Policies, Urges Support for BJP in West Bengal

Rediff.com12 Apr 2026

Uttar Pradesh Chief Minister Yogi Adityanath has accused the TMC of pursuing appeasement policies in West Bengal, urging voters to support a BJP government for inclusive governance and development.

Bank rates likely to remain unchanged

Bank rates likely to remain unchanged

Rediff.com16 Oct 2006

Bankers do not expect any major changes in key interest rates by the Reserve Bank in its quarterly review of the monetary policy on October 31.

India Extends 4% Retail Inflation Target for RBI Until 2031

India Extends 4% Retail Inflation Target for RBI Until 2031

Rediff.com25 Mar 2026

The Indian government has extended the Reserve Bank of India's (RBI) mandate to maintain retail inflation at 4 per cent, with a tolerance band of 2 per cent on either side, for another five years until March 2031.

ICICI Bank cuts savings deposit rate by 0.25%

ICICI Bank cuts savings deposit rate by 0.25%

Rediff.com16 Apr 2025

ICICI Bank has cut its savings account deposit interest rate by 0.25 per cent, according to the lender's website. The second largest private sector bank's move comes days after larger rival HDFC Bank announced similar move amid a spate of cuts in deposit offerings following RBI's two back-to-back rate decreases.

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rediff.com5 Mar 2026

Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.

Relaxed ECB norms may lift foreign borrowings by Indian companies

Relaxed ECB norms may lift foreign borrowings by Indian companies

Rediff.com19 Feb 2026

The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.

RBI hikes repo rate; bank rate, CRR unchanged

RBI hikes repo rate; bank rate, CRR unchanged

Rediff.com31 Oct 2006

The central bank has also left the Bank Rate and the Cash Reserve Ratio unchanged at 6 per cent and 5 per cent, respectively, in the annual policy announcement 2007 released on Tuesday.

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

Rupee falls 18 paise to close at 91.82 against US dollar

Rupee falls 18 paise to close at 91.82 against US dollar

Rediff.com7 Mar 2026

The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.

MF launches taper off in March in the midst of West Asia flare-up

MF launches taper off in March in the midst of West Asia flare-up

Rediff.com2 Apr 2026

Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.

Iran war: Fiscal pressures on govt may mount next FY, say experts

Iran war: Fiscal pressures on govt may mount next FY, say experts

Rediff.com19 Mar 2026

Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.

Hormuz Blockade Is The New Battlefield

Hormuz Blockade Is The New Battlefield

Rediff.com16 Apr 2026

The clock on the ceasefire is running out. But everyone's already whispering about round two, possibly as soon as this weekend.

Home Loans: Banks Roll Out Festive Offers

Home Loans: Banks Roll Out Festive Offers

Rediff.com6 Oct 2025

'Do exhaustive research and then select the one that best fits your budget and requirements.'

RBI proposes easing forex transaction norms

RBI proposes easing forex transaction norms

Rediff.com17 Feb 2026

The Reserve Bank on Tuesday proposed greater flexibility to authorised persons to undertake foreign exchange transactions for hedging their exposures, balance sheet management and market-making, as well as to ease reporting obligations, after a review of the current regulations.

Sensex tumbles 558 points on sell-off in IT shares

Sensex tumbles 558 points on sell-off in IT shares

Rediff.com12 Feb 2026

Benchmark BSE Sensex fell 558 points on Thursday amid heavy selling in IT shares, as concerns over AI-led disruptions and waning hopes of a Fed rate cut after firm US economic data weighed on investor sentiment.

Why PSBs are raising home loan rates

Why PSBs are raising home loan rates

Rediff.com25 Aug 2025

Some public sector banks, including State Bank of India (SBI), Union Bank of India, Canara Bank, and Bank of India, are increasing the spread on home loans for new customers to protect margins.

RBI to 'wait and watch' before further rate cuts: Governor Malhotra

RBI to 'wait and watch' before further rate cuts: Governor Malhotra

Rediff.com16 Jul 2025

Reserve Bank will "wait and watch" the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. With inflation on a downward trend, the RBI's Monetary Policy Committee (MPC) has been reducing the benchmark repo rate and has adopted a neutral stance, which also gives the flexibility to either cut or hike the rate going forward. The central bank has cummulatively reduced the repo rate by 100 basis points since February.

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com6 Feb 2026

Benchmark lending rates unchanged with repo rate at 5.25%

RBI keeps CRR, Bank Rate unchanged

RBI keeps CRR, Bank Rate unchanged

Rediff.com25 Oct 2005

The central bank has hiked however reverse repo rate by 0.25 per cent.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com12 Mar 2026

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'