Updated : 1 year, 4 months ago IST
Chennai (Tamil Nadu) [India], Oct 10 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday announced a reduction in its interest rate for the retail segment (housing, vehicle, education and clean loans) as well as micro and small enterprises by 25 basis points.
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The interest rate cut by Reserve Bank of India (RBI) failed to boost market sentiment on Friday as equity benchmarks fell after the central bank also lowered its forecast of GDP growth rate to 6.1 per cent for the current financial year.
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices traded with healthy gains during early hours amid hopes of key interest rate cuts by the Reserve Bank of India (RBI) later on Friday.
New Delhi [India], Oct 3 (ANI): In a relief measure that directly impacts Central government employees, the government on Thursday announced the lowering of interest rate for House Building Advance (HBA) which in turn will benefit government employees who wish to construct their own house.
New Delhi [India], Sep 24 (ANI): The government's recent decision to cut corporate tax rates is a bold measure and augurs well for the economy, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday.
Mumbai (Maharashtra) [India], Sep 21 (ANI): The reduction in US Federal Reserve's policy rate by 25 basis points and the European Central Bank's decision to resume asset purchases is likely to augur well for short-term foreign portfolio investment (FPI) flows to economies such as India which
Mumbai (Maharashtra) [India], Sep 19 (ANI): Equity benchmark indices were in the red during early hours on Thursday on the back of mixed global cues and selling pressure across various segments.
Washington [USA] Sept 11(ANI): US President Donald Trump on Wednesday called out the Federal Reserve to get its interest rates down to "zero or less."
New Delhi [India], Sep 9 (ANI): Bajaj Housing Finance on Monday lowered home loan interest rates to 8.6 per cent from 8.8 per cent for amounts up to Rs 30 lakh.
Mumbai (Maharashtra) [India], Sep 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
Updated : 1 year, 6 months ago IST
Pune (Maharashtra) [India] September 06 (ANI/BusinessWire India): An investment that earns guaranteed returns is always beneficial, more so when market-linked instruments aren't yielding returns as per your expectations. A fixed deposit is one such safe investment as it helps you grow you