Yes Bank Launches Floating Rate Fixed Deposit Scheme
The Mumbai-based private bank said on February 23 that Yes Bank had launched a floating-rate fixed deposit scheme for domestic customers with a tenor of...
Tag : Repo rate
GOI Lowers Borrowing Target For FY23
Today, the Government of India (GOI) has discussed with the Reserve Bank of India (RBI) to finalise its borrowing programme for the second quarter of...
RBI Revises Inflation & Growth Forecasts
Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) voted to keep the policy repo rate unchanged at 4 per cent and decided to...
RBI Kept Repo Rate Unchanged At 4%, GDP Forecast Upgraded
The Monetary Policy Committee (MPC) of the Reserve Bank kept the repo rate unchanged at 4% and maintained an ‘accommodative’ stance, implying more rate cuts in the...
Bank of Baroda Cuts MCLR Rates, EMIs to Get Cheaper
Bank of Baroda (BoB) has reduced the marginal cost of funds based lending rate (MCLR) on one year tenor by 10 basis points (bps). Bank...
Allahabad Bank, PNB Launch Repo Rate-Linked Retail Loans
Punjab National Bank Punjab National Bank(PNB) and Allahabad Bank have launched retail loan product that is linked to the Reserve Bank of India’s (RBI) repo...
Associates From Industry & Commerce Urges RBI To Cut Rates
Representatives from the chambers of commerce and industry have urged the Reserve Bank of India to reduce the interest rate and reserve ratio in order...
Associates From Industry & Commerce Urges RBI To Cut Rates
Representatives from the chambers of commerce and industry have urged the Reserve Bank of India to reduce the interest rate and reserve ratio in order...
RBI Announces Fifth Bi-monthly Monetary Policy (2018-19)
Following the 3 day deliberations on the monetary policy review, Reserve Bank of India has released the Fifth Bi-monthly Monetary Policy Statement (2018-19) on their...
Opinion: The RBI Monetary Policy Review
The Reserve Bank of India’s Monetary Policy Committee (MPC), which is headed by RBI Governor Urjit Patel, is conducting its policy review meeting. The Fifth...