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Total 1587 results found. Search for [ repo rate cut ]

Results 1 to 21 of 1587
Naveen Kumar
June 6, 2020
While some borrowers get benefits of repo rate cuts quickly, others have to wait longer depending upon the tenure and regime of their loan


BusinessToday.In
New Delhi, June 5, 2020
In the meeting, RBI Deputy Governor Michael Debabrata Patra said the damage is \"so deep and extensive\" that India''s potential output has been pushed down, and it will take years to repair


BusinessToday.In
June 3, 2020
Here's a list of banks that have cut savings account rates - State Bank of India, ICICI Bank, Axis Bank, Kotak Mahindra Bank. Check the latest saving account interest rates offered by banks.


BusinessToday.In
June 3, 2020
Following the lending rate cut, stock price of ICICI Bank opened with a gain of 2.24% today and later touched an intraday high of Rs 366.05, gaining 5.04% on BSE against the closing value of Rs 348.50


Prasanna Mohanty
June 1, 2020
RBI data shows excess liquidity is lying idle, parked in its own reverse repo account, and burdening it with higher interest payouts. This could be tapped and channelised for additional fiscal spending to stimulate growth through government bonds


BusinessToday.In
New Delhi, June 1, 2020
The one-year MCLR, to which a majority of loans such as residential mortgages and auto loans are tied now stands at 7.70 per cent


Reuters
May 29, 2020
Prime Minister Narendra Modi has maintained the lockdown ordered on March 25 to curb the spread of Covid-19 in the world's second most populous country, though many restrictions were eased for manufacturing, transport and other services from May 18


Ashish Pandey
New Delhi, May 28, 2020
The savings bonds will no longer be sold from the close of banking business on Thursday


BusinessToday.In
New Delhi, May 27, 2020
The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI


Naveen Kumar
New Delhi, May 27, 2020
Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank


BusinessToday.In
New Delhi, May 27, 2020
The new rates on retail term deposits are applicable from May 27, according to data available on the bank's website


Niti Kiran
May 26, 2020
In the week ending May 29, 2020, the banking system liquidity is expected to remain in a surplus position with the growth in the bank deposits and contraction in the bank credit off take


BusinessToday.In
New Delhi, May 25, 2020
Kotak Mahindra Bank plans to raise as much as Rs 7,500 crore by way of issue of 6.5 crore equity shares of Rs 5 each through a private placement, follow-on public offering (FPO), qualified institutions placement (QIP) or a combination thereof


PTI
New Delhi, May 24, 2020
The war-room was being manned by just about 120 most critical staff from the RBI, along with 60 key personnel from its 600-people strong workforce of its external vendor and around 70 facility staff


BusinessToday.In
May 23, 2020
P Chidambaram questioned RBI's decision to infuse more liquidity even though economic growth in the financial year 2020-21 is headed towards negative territory


BusinessToday.In
May 23, 2020
RBI rate cut: The extension of moratorium on loans by three months is suited for borrowers hit by the coronavirus lockdown


BusinessToday.In
New Delhi, May 22, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Dipak Mondal
May 22, 2020
CEA Krishnamurthy Subramanian's optimism over recovery of Indian economy in the wake of COVID-19 outbreak stems from the bounce back after Spanish Flu even though the RBI agrees to disagree


BusinessToday.In
New Delhi, May 22, 2020
RBI governor Shaktikanta Das has reduced the repo rate by 40 basis points to 4 per cent - the lowest ever. The repo rate had already hit its lowest at 4.4 per cent in March when the RBI had reduced the rate by 75 basis points. Before this, it had hit the lowest point of 4.75 per cent in April 2009. Further, the central bank has extended the moratorium period on term and credit card loans by another three months until August 31. Watch as Rajeev Dubey, Editor, Business Today, explains the effects of these measures on Indian companies.Coronavirus impact: What the future holds for battered restaurant industry


E Kumar Sharma
New Delhi, May 22, 2020
Even if there is a welcome extension of the moratorium on interest repayment, it has to be repaid as it is a loan and not a grant or an interest free loan


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