Interest Rate

RBI holds key interest rate steady at 6.5% citing high food prices

August 08, 2024

RBI holds key interest rate steady at 6.5% citing high food prices

The rate increase cycle was paused in April last year after six consecutive rate hikes, aggregating to 250 basis points since May 2022.

July 25, 2023
Annuities: A good investment for steady income during retired life

Annuities are long-term investments which offer assured returns at regular intervals
June 30, 2023
Govt raises interest rates: 2-year deposits to get 7%

The highest increase of 0.3 per cent was for the five-year recurring deposit (RD).
March 30, 2023
Loans up to Rs 10 lakh at 4% interest; financial aid for additional jobs

The industrial policy announced for the first time after 2018, will come into effect on April 1.
February 04, 2023
0% EMIs aren't zero as you think. Here's why

The 0% interest schemes were banned by the RBI 10 years ago, but it remains on offer even now.
February 03, 2023
Bldg cess defaulters asked to pay up in one go, hefty interest for delay

The District Labour Officers are forcing the owners to make the payments in one go in order to meet the targets fixed in the intensive campaign to collect the arrears.
December 31, 2022
What all changes in banking, travel the New Year is heralding; check here

A New Year is set to dawn. From January 1, 2023 a slew of changes with regard to banking, insurance, pension and even overseas travel will come into effect.

SHOW MORE