interest rate

Interest rates for small savings schemes are notified on a quarterly basis The government on Friday raised interest rates on select saving schemes by up to 0.3 per cent for the July-September quarter in line with the high-interest…

India's six-member monetary policy committee (MPC) members appeared increasingly divergent in their views on the future course of rate hikes, with some external members arguing that further tightening could hamper the economic recovery,…

The Reserve Bank's rate-setting monetary policy panel began deliberations on Tuesday amid expectations that the central bank will keep the benchmark interest rates unchanged at 6.5 per cent on the back of easing retail inflation and…

By Vivek Iyer To understand the future of the Marginal Cost of Funding Linked Rates (MCLR) in India, it is imperative to understand the objectives of the Monetary Policy of the Reserve Bank of India (RBI). The RBI Monetary policy has…

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Image for representation purpose only. As banks’ chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and State-run banks led by Punjab…

Ilyce Glink and Samuel J. Tamkin, Tribune Content Agency Every year, Ilyce and Sam offer their readers New Year’s resolutions for home buyers, sellers and their personal finances. These are their 2023…

Reserve Bank of India (RBI) logo. Image used for representative purpose only. | Photo Credit: Reuters After three back-to-back 50 basis points hike in interest rates, the Reserve Bank may opt for a lower rate increase of 25-35 bps in…

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