Thu, Nov 07, 2024
Bank of England (BoE), the UK's central bank, on Thursday cut its key lending rate by 25 basis points, or 0.25 per cent percentage point.
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Tue, Oct 29, 2024
When a borrower repays a home loan, they pay higher interest than the principal amount because such loans are of high amounts and have long durations. But if they go for a higher EMI, the interest amount can be reduced considerably. The other option to recover the interest paid is to have a mutual fund SIP investment.
Mon, Oct 21, 2024
SBI Senior Citizen FD Updated Interest Rates: State Bank of India (SBI) offers its highest interest rate to senior citizens in its 444-day Amrit Vrishti special FD at 7.75 per cent. Senior citizens get the interest rate of 7.30 per cent in 1-year FD, 7.25 per cent in 3-year FD, and 7.50 per cent in the 5-year FD.
Wed, Jul 05, 2017
Stock markets rode out the latest rise in tensions around North Korea on Wednesday, with the main markets in Europe, Asia and the United States all inching higher as attention moved to minutes from the U.S. Federal Reserve`s last meeting.
Fri, Jun 16, 2017
India's key equity indices-Sensex and Nifty-have opened marginally higher in early trade on Friday on back of healthy buying in automobile, FMCG and oil and gas stocks.
Fri, Jun 09, 2017
India's largest bank State Bank of India (SBI) has made another revision in its interest rates for home loan category. SBI has trimmed interest rates for second time in last two months.
Tue, Jun 06, 2017
RBI won't lower the interest rates in hurry but in upcoming quarters it might be possible. According to IBA, banks are not ready to implement GST.
Mon, May 29, 2017
Federal Reserve Bank of San Francisco President John Williams has said that the US Federal Reserve needs to keep raising the country's interest rates gradually as the American economy has full employment and inflation is expected to reach the Fed`s 2% goal by next year.
Tue, May 23, 2017
Paytm Payments Bank that will begin operations today will offer 4% interests on deposits. All deposits will be held in government bonds however the company said it was equipped to offer loans as well unlike other payments banks.
Tue, May 16, 2017
HDFC's VC and CEO Keki Mistry in an one-on-one interview with Zee Business said that India is poised to be amongst the most significant economic countries in the world along with China and US.
ICICI reduces interest rate in home loans. Watch the full segment for more details.
Mon, May 15, 2017
Key Highlights: -- Bank trims interest rates for home loans up to Rs 30 lakh. -- ICICI offers choice of home loans linked to I-MCLR-6 Months or I-MCLR-1 Year.
Tue, May 09, 2017
Should investors invest in PPF after changes on interest rates?. Watch the full segment for more details.
Sun, May 07, 2017
Berkshire Hathaway co-founder and CEO Warren Buffett while addressing the company's Annual General Meeting on Saturday healthcare, trade, stock buybacks, investment in Apple and IBM, among others.
Indian government's think tank Niti Aayog has recommended lowering taxes and interest rates for loans on electric vehicles, while capping sales of conventional cars, signalling a dramatic shift in policy in one of the world`s fastest growing auto markets.
Sat, May 06, 2017
The Bank of Japan's Governor Haruhiko Kuroda in a recently held seminar has said that the central bank is facing big challenges as inflation holds well below its 2% target, whereby underscoring the importance for the bank to maintain its massive stimulus programme.
Sun, Apr 16, 2017
For the year to March, banks' outstanding credit stood at Rs 78.81 trillion compared to Rs 75.01 trillion as of April 1 2016, show the central bank data.
Mon, Apr 10, 2017
After May 1, when the Real Estate Regulatory Authority (RERA) is in place, the realty sector will likely see an uptrend with slight price correction, say industry players and stakeholders.
Fri, Mar 31, 2017
The government has lowered interest rates on small saving schemes like Public Provident Fund (PPF), Kisan Vikas Patra and Sukanya Samriddhi Scheme by 0.1% for the April-June quarter of the fiscal year 2017-18 (FY18).
Wed, Mar 29, 2017
China's two leading banks namely Bank of Communications (BoCom) and Agricultural Bank of China (AgBank) have reported modest annual profit growth on Tuesday.
Sat, Feb 18, 2017
The Reserve Bank has doubled the quantum of loan against gold that could be granted by Regional Rural Banks (RRBs) to Rs 2 lakh, provided the repayment period does not exceed 12 months. Earlier, the RRBs were permitted to grant gold loans up to Rs 1 lakh with bullet repayment option.
Fri, Feb 10, 2017
The Reserve Bank of India will likely keep interest rates on hold until at least the second half of next year, according to a Reuters snap poll taken after the central bank`s shock decision to shift its policy stance to neutral.
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