In April monetary policy, the RBI cut repo rate by 25 basis points for the second time in a row. In response, banks have ...

The RBI noted that though there is a risk of imported inflation because of the tariffs, the potential impact on growth is ...

he government, which was previously giving from 8% to 15% interest, has decided to make the interest rate uniform by making ...

For general customers, the interest rate on one-year FDs has been lowered from 6.80 per cent to 6.70 per cent. FDs with a ...

The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from ...

According to ICICI Bank's website, savings account balances of up to Rs 50 lakh will now earn an interest rate of 2.75 per ...

As per the revised structure, customers maintaining savings account balances of up to ₹50 lakh will now earn 2.75% interest.

Several post office savings schemes offer marginally higher returns over what most banks give on their fixed deposits (FDs) ...

This has led to a significant reduction in the level of opposition. The Act provides for the payment of interest at the rate of 12 per cent as per Section 30 (3) and nine per cent and 15 percent as ...

The RBI has already embarked on a rate cutting cycle, and a report by HSBC Global Research said on Wednesday that it expects ...

Although markets had anticipated further interest rate cuts from major central banks, the SARB now believes the emergence of ...