Home loan:10 banks offering lowest home loan interest rates [ad_1] With the RBI increasing key policy rates since May 2022, many banks too have increased their lending rates in tandem. This is bad news for home loan borrowers who are seeing their home loan EMI amounts rise. If you are someone who is servicing a home loan or is planning ...
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Investors snap up Indian govt bonds ahead of inclusion in global indexes
Investors snap up Indian govt bonds ahead of inclusion in global indexes (Corrects spelling to Ashish Agrawal from Ashish Agarwal in paragraphs 3, 4 and 14) By Dharamraj Lalit Dhutia MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on foreign investments ahead of an anticipated ...
Read More »Bank of Baroda FD Interest Rates: Bank of Baroda hikes FD interest rates by up to 20 bps
Bank of Baroda FD Interest Rates: Bank of Baroda hikes FD interest rates by up to 20 bps [ad_1] Bank of Baroda has increased interest rates of fixed deposits (FD) for amounts less than Rs 2 crore. The bank has hiked fixed deposit interest rates by up to 20 basis points (bps) across tenors. The new interest rates are effective ...
Read More »Rupee depreciates 43 paise to 79.60 against US dollar in early trade
Rupee depreciates 43 paise to 79.60 against US dollar in early trade The rupee depreciated by 43 paise to 79.60 against the US dollar in opening trade on Wednesday, as higher-than-expected US CPI print resulted in massive risk-off sentiments. At the interbank foreign exchange market, the rupee opened at 79.58 against the greenback, then fell to 79.60, ...
Read More »2 NPS pension rules relaxed from September 13
2 NPS pension rules relaxed from September 13 [ad_1] 2 NPS pension rules relaxed from September 13 [ad_2]
Read More »RBI may hike repo rates by 50 bps with inflation accelerating: Analysts
RBI may hike repo rates by 50 bps with inflation accelerating: Analysts MUMBAI (Reuters) – The Reserve Bank of India may raise interest rates by another 50 basis points this month after data showed inflation rose further above the central bank’s tolerance limit in August, analysts said. India’s retail inflation rate rose to 7.0% in August from ...
Read More »Irdai reduces number of returns to be filed for health insurance
Irdai reduces number of returns to be filed for health insurance Easing compliance burden for insurers, regulator Irdai on Tuesday rationalised health insurance business returns reporting norm by reducing the number of returns that need to be filed in a year. Insurance Regulatory and Development Authority of India (Irdai) said the move is part of promoting ease ...
Read More »Rupee doesn’t need defending, it can take care of itself: CEA Nageswaran
Rupee doesn’t need defending, it can take care of itself: CEA Nageswaran India is not defending the rupee and the Reserve Bank of India (RBI) is only taking necessary steps to ensure that the movement of the rupee is gradual and in line with market trends, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Tuesday. “I ...
Read More »Bond yields drop, rupee logs biggest single-day gain since July 27
Bond yields drop, rupee logs biggest single-day gain since July 27 Government bonds and the rupee strengthened sharply on Tuesday as optimism over the prospect of Indian sovereign debt being included in a global bond index spurred hefty overseas investment in domestic assets, dealers said. The rise in bond prices came despite an increase in India’s consumer ...
Read More »RBI Sept monetary policy review: Another 35-50 bps repo rate hike on cards
RBI Sept monetary policy review: Another 35-50 bps repo rate hike on cards With retail inflation surprising on the upside, the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) is expected to increase the repo rate by 35-50 basis points (bps) in the review scheduled for September 28-30. According to economists, the central ...
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