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PTI
March 12, 2019



Anand Adhikari
New Delhi, March 12, 2019
There is a competition for deposits in the market. The private banks and new payments and small finance banks are offering higher savings rate.


PTI
New Delhi, March 10, 2019
At present some banks like Kotak Mahindra, Yes Bank, RBL Bank and Singaporean lender DBS Bank pay higher interest to the tune of 5-6 percent on savings deposits regardless of the balance, while SBI, HDFC Bank, and ICICI Bank pay 4 percent per annum.


PTI
New Delhi, March 9, 2019
The new rates linked the external benchmark rate of the repo rate, will be effective May 1; but the move will not benefit all its depositors as the new rate is applicable only to those with a balance of over Rs 1 lakh in their accounts.


PTI
March 8, 2019



Anand Adhikari
New Delhi, March 5, 2019
The new RBI governor seems to be accommodative but the real test will come later.


PTI
March 3, 2019



PTI
March 3, 2019
Foreign portfolio investors had pumped in a net amount of around Rs 19,728 crore into Indian stocks in November 2017.


PTI
February 27, 2019



PTI
February 27, 2019
With inflation likely to remain under 4 percent till October, the Reserve Bank may cut rates to the tune of 75-100 basis points in the next financial year, says a report.


Anand Adhikari
February 26, 2019
While transmission of interest rates always takes time, there are other factors that are coming in the way of softer interest rates.


PTI
February 21, 2019
The meeting, attended by heads of Punjab National Bank, Bank of Baroda, Bank of India, Bank of India, ICICI Bank, Kotak Mahindra Bank and IDFC First Bank, focused only on effective transmission of monetary policy.


PTI
February 19, 2019



BusinessToday.In
New Delhi, February 18, 2019
According to Kumar, it was not possible to cut deposit rates as other banks were currently offering significantly higher interest rates on deposits and these would need to get slashed first in order for State Bank of India to react.


Anand Adhikari
New Delhi, February 14, 2019
The RBI surprised the market with a cut in repo rate and may well follow up its inflation bet with another rate cut.


PTI
New Delhi, February 14, 2019
WPI inflation stood at 3.8% in December, 2018, and 3.02% in January 2018. The retail inflation, released earlier this week, too declined marginally to 2.05% in January on continued decline in food prices, including vegetables and eggs.


BusinessToday.In
February 14, 2019
The rupee opened weak at 70.91 and fell further to 71.05, but recovered partially to trade at 70.94


PTI
February 8, 2019
SBI Chairman Rajnish Kumar said the bank has the highest market share of the home loans market and it is appropriate to empower the large lower and middle class segment by transmitting the rate cut announced by the RBI.


PTI
February 8, 2019
RBI may increase rates by 25 basis points each in Q4 of 2019 and Q1 of 2020, Goldman Sachs said in a research report.


PTI
New Delhi, February 8, 2019
The RBI has reduced repo rate (at which RBI lends to banks) by 0.25 per cent to 6.25 per cent, a move that will translate into softening interest rates.


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