News for 'Interest Rate'

Cut interest rates to boost housing demand: Realtors

Cut interest rates to boost housing demand: Realtors

Rediff.com24 Jan 2012

Real estate developers said on Tuesday that RBI's decision to cut cash reserve ratio will help improve the liquidity position of various sectors, including realty, but felt that interest rates should be brought down to boost housing demand.

Tax cut may bolster credit growth in H2

Tax cut may bolster credit growth in H2

Rediff.com5 Sep 2025

After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.

Will PF interest rates be cut?

Will PF interest rates be cut?

Rediff.com19 Jul 2004

The EPFO Board will for the third time meet in New Delhi on Tuesday to decide on the interest to be offered to its three crore subscribers this year, even as trade unions' demand higher returns.

Interest rates may rise in Q3: IDBI Bank

Interest rates may rise in Q3: IDBI Bank

Rediff.com13 Jul 2009

State-run IDBI Bank expects interest rates, both on deposits and advances, to increase from the third quarter of the current financial year.

Rising interest rates to eat up infra cos' profit

Rising interest rates to eat up infra cos' profit

Rediff.com8 Sep 2008

Projects having loans with floating interest to take the hit. Hindustan Construction Company, GVK Group and other construction firms may have to settle for lower returns from their projects as rising interest rates are expected to hurt profitability of roads, power, ports and airports.

SBI sees no hike in interest rates till Diwali

SBI sees no hike in interest rates till Diwali

Rediff.com19 Aug 2009

The country's largest lender SBI on Wednesday said it does not see interest rates rising till Diwali this year and ruled out any immediate plans of rights issue offer.

Raise EPF interest rate to 9.5%: BJP

Raise EPF interest rate to 9.5%: BJP

Rediff.com29 May 2007

The Bharatiya Janata Party on Monday demanded that the interest rates on Employees' Provident fund contributions be raised to 9.5 per cent to make them commensurate with the rise in bank interest rates.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

Green to set off bidding war at IPL Auction

Green to set off bidding war at IPL Auction

Rediff.com15 Dec 2025

Pace bowling all-rounders always come at a premium and therefore, the troika of Green, Venkatesh Iyer and West Indies' Jason Holder, all coming at the highest base price of Rs 2 crore (US$220,000), are set to headline the bidding war.

How RBI policy impacts interest rates

How RBI policy impacts interest rates

Rediff.com30 May 2008

The Reserve Bank of India (RBI), is in charge of monetary policy which has a big impact on liquidity and interest rates in the financial system. Let's look at some of the basics of monetary policy and how it impacts the average investor.

8% savings bonds scheme not closed, but interest rate lowered

8% savings bonds scheme not closed, but interest rate lowered

Rediff.com3 Jan 2018

The bond, which the Reserve Bank of India started issuing on behalf of the Union government in 2003, was considered one of the safest savings instruments for retail investors.

Banks consider FM's suggestion on interest rate

Banks consider FM's suggestion on interest rate

Rediff.com11 Jun 2009

Union Finance minister Pranab Mukherjee said banks have positively responded to his suggestion to reduce credit interest\nrates.

FinMin okays 8.65% interest rate on EPF

FinMin okays 8.65% interest rate on EPF

Rediff.com20 Apr 2017

The bill to amend payment of gratuity Act in order to double the ceiling of tax-free gratuity to Rs 20 lakh, would soon be placed before the Union Cabinet for approval.

Developers hail RBI policy; demand easing of interest rate

Developers hail RBI policy; demand easing of interest rate

Rediff.com1 Apr 2014

RBI, in its first bi-monthly monetary policy statement, left the short-term lending rate, or repo rate, unchanged at 8 per cent and the cash reserve ratio static at 4 per cent.

Bindra report exposes flaws in India's sports administration

Bindra report exposes flaws in India's sports administration

Rediff.com30 Dec 2025

'Neither SAI nor state departments have a dedicated sports administration service. Instead, roles are filled by generalist civil servants or contractual staff, often lacking sector-specific expertise.'

Are interest rates going to remain flat or go south?

Are interest rates going to remain flat or go south?

Rediff.com6 Apr 2015

There's only a slim chance of a substantial drop.

Cap credit card interest rates, says govt panel

Cap credit card interest rates, says govt panel

Rediff.com3 May 2010

Concerned over the exploitation of credit card holders, a parliamentary committee has suggested that the Reserve Bank of India should prescribe maximum interest rate that can be charged by banks from customers.

Provident Fund interest rate to be 8.5%

Provident Fund interest rate to be 8.5%

Rediff.com4 Jul 2009

The Employees' Provident Fund Organisation (EPFO) on Friday decided to give 8.5 per cent interest on provident fund deposits of 4.5 crore (45 million) subscribers.

India's M&A deals dipped in Q2 amid valuation caution

India's M&A deals dipped in Q2 amid valuation caution

Rediff.com10 Oct 2025

India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.

Gold jumps on US Fed's interest rate cut signal

Gold jumps on US Fed's interest rate cut signal

Rediff.com21 Jun 2019

Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.

RBI caps interest rate on NRE deposits

RBI caps interest rate on NRE deposits

Rediff.com17 Jul 2003

The RBI has decided that interest rates on fresh repatriable NRE rupee deposits for one to three years shall not exceed 2.5% above LIBOR for US dollar of corresponding maturity.

US interest rates to rise further

US interest rates to rise further

Rediff.com21 Jul 2005

Banks, NBFCs Light Up Season With Special Offers

Banks, NBFCs Light Up Season With Special Offers

Rediff.com24 Sep 2025

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

'We can't have high inflation & low interest rate'

'We can't have high inflation & low interest rate'

Rediff.com16 Mar 2011

KC Chakrabarty, deputy governor of RBI, speaks to Business Standard on inflation and a host of other issues.

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.

Should the RBI hike interest rates?

Should the RBI hike interest rates?

Rediff.com17 Oct 2005

'Inflation may rise, but interest rates will dip'

'Inflation may rise, but interest rates will dip'

Rediff.com10 Oct 2007

The Institute of Economic Growth, an economic think thank, has said that inflation rate may increase in the coming month but would remain within the RBI's target range of 4 to 4.5 per cent for this fiscal. In its latest monthly monitor, IEG said that despite this expected increase in inflation, there could still be a downward pressure on the interest rates in the next few months.

EPF interest rate may be raised

EPF interest rate may be raised

Rediff.com6 Dec 2004

The government is likely to take a 'favourable' decision on enhancing the interest rate on Employees Provident Fund and the ministries of labour and finance are holding discussions on how to mobilise resources for it, Lok Sabha was informed on Monday

Interest rate to remain soft: FM

Interest rate to remain soft: FM

Rediff.com5 Nov 2004

Admitting that hiking the prices og petrol diesel and LPG was a "difficult" decision, Finance Minister P Chidambaram

Banks not to immediately hike interest rates

Banks not to immediately hike interest rates

Rediff.com20 Apr 2010

Retail and corporate borrowers can breathe easy as bankers today said an immediate hike in lending rates is unlikely, although the RBI tightened monetary policy by raising key rates.

SBI hikes interest rates on home, car loans

SBI hikes interest rates on home, car loans

Rediff.com30 Jun 2008

Speaking at a function at Ghaziabad on Monday, State Bank Chairman-cum-Managing Director O P Bhatt said the bank has decided to raise the interest rate by 0.5 per cent on all loans such as home loans and auto loans which are linked to PLR. The revision in PLR came after SBI raised its PLR from 12.25 per cent to 12.75 per cent last week following Reserve Bank's increasing its key short-term lending rate to banks.

US Fed cuts interest rate to almost zero

US Fed cuts interest rate to almost zero

Rediff.com16 Mar 2020

In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal Reserve has cut its benchmark interest rate to almost zero and said it would buy USD700 billion in bonds. The covid-19 pandemic has sickened more than 156,000 people worldwide and left more than 5,800 dead. The death toll in the US stands at 68, while infections neared 3,700.

All you wanted to know about interest rate futures

All you wanted to know about interest rate futures

Rediff.com27 Aug 2009

Interested in interest rate futures? Here's all that you need to know about them:

Interest rates may rise if RBI tightens policy

Interest rates may rise if RBI tightens policy

Rediff.com11 Jan 2010

State Bank of India's chairman O P Bhatt on Monday said that interest rates are likely to go up in the coming months if the Reserve Bank of India (RBI) tightens its monetary stance.

EPF interest rate to depend on returns: Verma

EPF interest rate to depend on returns: Verma

Rediff.com4 Mar 2003

The government will decide the interest rate on the country's largest pension fund scheme based on the rate of return on investments in the next financial year, Labour Minister Sahib Singh Verma said on Tuesday.

SBI hints at further cut in interest rates

SBI hints at further cut in interest rates

Rediff.com29 Oct 2003

Expecting the Reserve Bank of India to maintain stable and soft interest rates in credit policy, State Bank of India on Wednesday hinted at further cut in home and consumer loan rates.

RBI, bankers disagree over interest rate cut

RBI, bankers disagree over interest rate cut

Rediff.com28 Jul 2009

Reserve Bank Governor D Subbaro on Tuesday said there is scope for banks to lower lending rates further, but most top bankers maintained that interest rates will remain the same in the near term and could even rise after 3-4 months.