Friday, Mar 31, 2023

Interest Rates

SBI Slashes Deposit Rates On Various Tenors Citing Surplus Liquidity

Jul 29, 2019 Outlook Web Bureau

Interest rates have been reduced by 50-75 basis points (bps) for time deposits with shorter tenors of up to 179 days, SBI said in a statement on Monday.

Employee Provident Fund Rate Hiked To 8.65% For 2018-19

Feb 21, 2019 Outlook Web Bureau

The proposal would now go to the Finance Ministry for approval, Labour Minister Santosh Gangwar said after the CBT meeting.

Govt Hikes GPF Interest Rate To 8% For Oct-Dec Quarter

The interest rate on GPF was 7.6 per cent for the July-September quarter of 2018-19.

Interest Rates On PPF, NSC, Other Small Savings Raised By Up To 0.4%

Sep 20, 2018 Outlook Web Bureau

Interest rate for the five-year term deposit, recurring deposit Senior Citizens Savings Scheme has been raised to 7.8, 7.3 and 8.7 per cent, respectively. The interest on the senior citizens' scheme is paid quarterly.

HDFC Bank Increases Fixed Deposit Rates By Up To 0.6%

The increase in fixed deposit rates is likely to put pressure on lending rate as well.

01 August, 2018

RBI Hikes Repo Rate By 25 Basis Points To 6.5%, Home Loans May Get Costlier

Outlook Web Bureau

The decision to hike key interest rates comes amid a hike in crude oil prices and rising inflation.

01 August, 2018

All Eyes On RBI Ahead Of Monetary Policy

Outlook Web Bureau

The decision to hike key interest rates or not comes amid a hike in crude oil prices and rising inflation, which are considered to be the key factors that will influence the decision.

05 April, 2018

Sensex Rises 570 Pts, Nifty Above 10,300 As RBI Holds Policy Rates

Outlook Web Bureau

Reserve Bank of India (RBI) kept its repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.

28 February, 2018

Signalling Hardening Interest Rates, SBI Steeply Hikes Deposit Rates For Various Tenors

Outlook Web Bureau

For retail deposits, below Rs 1 crore, rates have been increased by up to 0.50 per cent.

28 December, 2017

Govt Slashes Interest Rates On Small Saving Schemes, Including NSC And PPF, By 0.2 %

Outlook Web Bureau

As per the notification, PPF and NSC will fetch a lower annual rate of 7.6 per cent while KVP will yield 7.3 per cent and mature in 11 months.

02 October, 2017

Government Expects RBI To Cut Interest Rate Amid Slowdown

Outlook Web Bureau

However, bankers are of the view that the Reserve Bank of India (RBI) would maintain status quo as inflation has seen witnessed an increase.

Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

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