sbi home loan interest rate: SBI hikes home loan interest rate by 50 bps: How much your EMI will increase [ad_1] With the Reserve Bank of India (RBI) hiking the repo rate yet again to fight inflation, banks have been forced to hike the interest rates charged on loans. The central bank hiked the policy rate by 50 bps (100 ...

dussehra bank holidays 2022: Dussehra bank holidays: Banks will be closed for three days next week in these states [ad_1] It is the festival of Dussehra next week and banks will be closed for a few days in certain states. It is a national holiday on October 5 (Wednesday). In few states, it also will be holidays on October 3 ...

hdfc home loan interest rate: HDFC hikes home loan interest rates by 50bps: How much your EMIs will rise [ad_1] Just a few hours after the Reserve Bank of India increased the repo rate by another 50 basis points (100 bps = 1%) by the Reserve Bank of India (RBI), mortgage lender HDFC Ltd, too hiked its loan interest rates ...

RBI policy review LIVE: Inflation forecast for FY23 remains unchanged The Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) announced a 50 basis points (bps) hike in the repo rate to 5.90 per cent on Friday in order to bring elevated inflation back to its target. CPI inflation for the current financial year is seen at 6.7 per cent, ...

How these 3 new credit card rules will affect you [ad_1] [ad_2]

RBI: India’s forex reserves fell the most among emerging economies: Report As the Reserve Bank of India (RBI) sold dollars to arrest the fall of the Indian Rupee, India’s forex reserves depleted the most among all emerging economies. Since the beginning of 2022, India’s reserves have fallen 13.88 per cent from $633.6 billion to $545.6 billion, according to a ...

RBI: India’s current account deficit widens in April-June quarter India’s current account deficit widened in the April-June quarter, driven by soaring global commodity prices that pushed up the trade deficit, while large capital outflows also hurt, Reserve Bank of India (RBI) data showed on Thursday. In absolute terms, the current account deficit (CAD) stood at $23.90 billion ...

RBI monetary policy: Repo rate hiked by 50 bps, here is what it tells us Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced a repo rate hike of 50 basis points (bps) following the two-day Monetary Policy Committee (MPC) meeting. With this, the repo rate now stands at 5.90 per cent. This is RBI MPC’s fourth ...

RBI policy projections: Sept inflation to hit five-month high of 7.6% Retail price inflation would hit a five-month high of 7.59 per cent in September, if projections given by the Reserve Bank of India’s monetary policy committee (MPC) come out true. The projections may also mean that the central bank will have to write to the government to explain the ...

RBI may adopt expected loss approach for banks’ loan provisioning: Guv Das Governor Shaktikanta Das on Friday said the Reserve Bank is mulling to adopt the “expected loss” approach for loan provisioning. At present, the banks follow the “incurred loss” approach, where money is set aside after an asset turns sour. Das called the proposed transition ...