interest rate

RBI maintains status quo in policy rate for 5th time now

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its December review meeting unanimously decided to keep the policy repo rate uncha...

Friday, December 8, 2023 10:57 AM

Govt ratifies 8.15 pc interest rate on Employees Provident Fund for 2022-23

The order came after the Finance Ministry’s concurrence to the EPF rate of interest approved by EPFO trustees earlier in March this year. Read further...

Monday, July 24, 2023 4:33 PM

HDFC increases interest rates by 5 basis points

HDFC consumers will pay a higher interest rate on loans as HDFC increased its Retail Prime Lending Rate (RPLR) on housing loans on which its Adjustabl...

Sunday, May 1, 2022 4:27 PM

RBI keeps benchmark interest rate unchanged at 5.15 pc

The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodativ...

Thursday, February 6, 2020 12:50 PM

Australia's former central bank head warns of limited power of rate cuts

Further interest rate cuts by the Reserve Bank of Australia would do little to boost the economy as the power of monetary policy easing is limited, a...

Saturday, October 5, 2019 11:23 AM

SBI cuts interest rates on fixed deposits up to 0.5%

The country's largest lender State Bank of India on Friday slashed interest rates on fixed deposits across various tenure by up to 0.5 percentage poin...

Friday, August 23, 2019 3:28 PM

Highlights of RBI monetary policy

The third bi-monthly monetary policy statement of 2018-19 issued today by the Reserve Bank of India:

Wednesday, August 1, 2018 4:39 PM