While bankers and experts expect the lending rate to fall by about one percentage point in the near-term, the Prime Minister's Economic Advisory Council has strongly pitched for rate cut by the RBI in its monetary policy review later in the month.
State Bank of India chairman A K Purwar said on Friday that interest rates will remain stable in the short term despite rising inflation, and may not remain soft in the medium and long term.
The CPI and WPI data for December 2013 holds the key for the third-quarter monetary policy review to be announced later this month.
Chaffing under public ridicule in the US as well as internationally for having 'lost' the war, Trump is under immense pressure to do something, cautions Ambassador M K Bhadrakumar.
The interest rates for lending as well as on deposits should be brought down further to reduce the cost of funds for industry and consumers in the country, Union Minister of State for Finance Anandrao Adsul said on Saturday.
'We expect modest returns in 2026 versus the steep gains seen over the past few years.'
Finance Minister P Chidambaram on Friday said the government is confident about managing inflationary pressures despite rising crude oil prices.
High inflationary expectations may lead to higher interest rates by end-FY10.
State Bank of India and ICICI Bank, two of India's largest banks, on Tuesday said that there would be no immediate hike in interest rates due to the Reserve Bank of India's decision to increase the cash reserve ratio in banks to curb inflation.
In crowded Mumbai trains, passengers, despite being crushed and unable to breathe, watch the IPL action on their phones. Oxygen may be optional, but the live score is not.
Investors need to gear up for a possible rise in interest rates (at least in the short-term) and consequently investment decisions have to keep this aspect in mind.
The steady increase in Indian interest rates is making bank deposits a popular investment option among the Gulf-based Non-Resident Indians.\n\n
The quality of the series of JioHotstar's new microcontent platform, Tadka, is deplorable. When so much superior content is being created with the help of AI, Tadka shows are taking the content back to the tacky early days of television, both in the plots and subpar production values, observes Deepa Gahlot.
With the rise in interest rates, bond yields have been on the rise; this will dent banks' treasury profits. Also, many retail borrowers may find it difficult to service their loans when the loan rates rise, points out Tamal Bandyopadhyay.
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.
How should you, as a consumer, be prepared for a rate cut, if any? Read on to find out more.
To find out how and why changes in interest rates impact fixed income investments, read on . . .
The English subtitles in Dhurandhar The Revenge don't get it right, and at regular intervals, the sub-titles and the Tamil dialogues are saying different things. Those in the audience, who know both languages, can be heard laughing at each blunder, observes A Ganesh Nadar.
Borrowers, especially those eyeing housing loans in coming months, may not have to worry much as bankers ruled out an immediate hike in interest rates.
The Reserve Bank of India on Friday raised the benchmark lending rate by 50 basis points to 5.40 per cent to tame inflation.
Finance Minister Nirmala Sitharaman announces increased domestic LPG production to offset import disruptions caused by Middle East tensions, alongside assurances of fertiliser availability and the clearing of UPA-era oil bonds.
He said money supply is under pressure, but interest rates will remain stable in immediate future.
Events from mid-2025 to early 2026 exposed deeper systemic concerns for India's aviation safety architecture.
ABN Amro may hike interest rates by 25-40 basis points by middle of 2006 and 50-70 basis points by the end of the year.
There is nothing wrong with government and RBI having conflicting opinions.
Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.
Among Sensex firms, Eternal, Sun Pharma, Infosys, HDFC Bank, HCL Tech, Hindustan Unilever, Power Grid, ITC and Adani Ports were the major gainers. However, Tata Motors, Trent, Bajaj Finance and Asian Paints were among the laggards.
The Employees' Provident Fund Organisation (EPFO) is crunching its numbers under pressure for sustaining a 9.5 per cent interest rate in the current financial year.
Finance Minister Jaswant Singh on Tuesday launched the trading of Interest Rate Futures in stock exchanges, which would enable banks, insurance companies and provident funds to hedge risks on interest rate fluctuations.
The RBI is scheduled to review its short-term lending rates on Tuesday, amidst apprehensions that it may not go in for interest rate cut even as the pause on the hikes may continue.
Even if the Reserve Bank of India's Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact of the past steps to play out.
The Reserve Bank on Wednesday hiked key benchmark policy rate by 25 basis points to 6.5 per cent, citing sticky core inflation. This is the sixth time interest rate has been hiked by the Reserve Bank of India (RBI) since May last year, taking the total quantum of hike to 250 basis points. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) by a majority decided to raise the policy repo rate by 25 basis points and keep a 'strong vigil' on inflation outlook.
Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said.
Public sector State Bank of India has hiked its interest rates on FCNR (B) deposits in GBP (Pound Sterling) up to five years as also on Euro deposits of up to two years maturity.
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.
On the current liquidity crunch, the HDFC chief said that it was on account of certain cash outgo due to tax and 3G payments but the liquidity position is likely to improve by end-July.
There are ways in which you can get a better deal for the interest rate on your car loan, home loan, education loan, personal loan, etc.
