Thu, Sep 21, 2023
The net financial savings of the household sector moderated to 5.1 per cent of GDP in 2022-23 from 11.5 per cent in 2020-21 and 7.6 per cent from pre-pandemic 2019-20.
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Sat, Aug 05, 2023
You can opt for both personal loans and education loans to fund your studies. But, compared to personal loans, education loans offer more benefits like lower interest rates and tax benefits, among others.
Tue, Jun 27, 2023
Christine Lagarde acknowledged that inflation has fallen from all-time highs last year as energy prices plunged and the bank rolled out a rapid series of rate increases, which are meant to ease price spikes by making it more expensive for consumers and businesses to borrow and spend.
Sun, Dec 11, 2022
Depositors of domestic, non-resident external would receive interest rates up to 7.30 per cent by opening a term deposit with a tenure of 444 days and up to 7.25 per cent for a period of three years and above, Indian Overseas Bank said in a statement here.
Fri, Dec 09, 2022
Earn over 9% interest on THESE FDs - Of late, many banks have increased their FD interest rates, however, FD interest rates provided by the small finance banks India are still much higher.
Wed, Nov 23, 2022
Bajaj Finance offers special FD interest of up to 7.95% | Check latest interest rate of banks - Your complete guide to list of banks offering over 7% interest rate on fixed deposits
Mon, Oct 17, 2022
The Pune-based lender has also slashed interest rate on personal loans to 8.9 per cent from the existing 11.35 per cent effective Monday (October 17, 2022), BoM said in a statement.
Thu, Sep 08, 2022
The European Central Bank (ECB) made its largest-ever interest rate increase Thursday, following the US Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out record inflation that is squeezing consumers and pushing Europe toward recession.
Sun, Aug 21, 2022
With the launch of new products such as Grand Vitara and Brezza adding more to bookings, the company's pending orders have gone up to 3.87 lakh units, from around 2.8 lakh in the last quarter, MSIL Senior Executive Officer (Marketing & Sales) Shashank Srivastava said.
Thu, Aug 18, 2022
For an individual, investing Rs 1 lakh for 75 weeks at 7.5 per cent can earn returns up to Rs 1,11,282 at maturity. Likewise, senior citizens for Rs 1 lakh for 75 weeks at 8.25 per cent can earn returns up to Rs 1,12,466 at maturity.
Fri, Aug 05, 2022
Soaring natural gas prices are likely to drive consumer price inflation to 13.3% in October, from 9.4% in June, the bank said. That will push Britain into recession later this year, with economic output declining each quarter from the fourth quarter of 2022 through the fourth quarter of 2023, bank forecasts show.
Tue, Jul 26, 2022
Eurozone inflation is set to rise again when July's data is released on Friday. Consumer prices in the eurozone rose at an annual pace of 8.6 per cent in June, the highest rate since the existence of the euro currency.
Thu, Jul 14, 2022
Rising interest rates, higher inflation and increasing cost of construction are likely to slow down growth of affordable housing finance companies in the current fiscal, a report said on Thursday.
Thu, Jun 06, 2019
The RBI has cut benchmark interest rate by 0.25 per cent to bring down the interest rate. Slashing the repo rate by 25 bps by RBI is in sync with the expectations of the finance domain experts.
Wed, May 01, 2019
SBI) has cut the interest rate on savings bank accounts with a balance over Rs 1 lakh, effective from today (May 1, 2019).
Thu, Dec 27, 2018
With the bank interest rates moving up, the cycle of interest rates moved up based on RBI policy actions, Care ratings said in its reports
With the bank interest rates moving up, the cycle of interest rates moved up based on RBI policy actions, Care ratings said in its reports.
Tue, Oct 04, 2016
Moreover, this is only possible if your home loan is at a "floating" rate and not "fixed". Also, RBI meets every two months to decide on interest rates. Therefore, based on economic conditions, your EMIs may increase or decrease every few months.
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