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Dollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaitedThe U.S. dollar slipped against leading currencies on Wednesday, influenced by a decline in treasury yields from their recent highs. Invest...
US Stock Market | Fed policy may be accommodative under medium-term neutral rate estimate: ReportsA San Francisco Fed research paper suggests that US monetary policy may be more accommodative than commonly assessed when measured against ...
Yen edges up as traders push back Fed rate hike betsThe yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. Market participants have begun to...
Bonds face a bigger threat than the Fed as global rates climbAs central banks worldwide, notably in Japan, Canada, and the euro zone, signal plans for sharper interest rate increases than the US, glob...
Govt in talks with banks to cut Kisan Credit Card interest subvention by 50 basis pointsThe government is discussing a 50 basis point reduction in interest subvention for Kisan Credit Card loans. This move aims to align subsidi...
Debt mutual funds attracted Rs 1.87 lakh crore in July after two months of outflows. Is the trend set to continue?Debt mutual funds attracted Rs 1.87 lakh crore in July, reversing June-quarter outflows. Liquid, overnight and money market funds led inflo...
Gold rises on weaker dollar as inflation data cements rate-hold betsOn Friday, gold prices moved upward, signaling a positive outlook for the week. The precious metal received a boost from a weaker dollar an...
Up to 7.25% senior citizen FD interest rate: What is the maturity amount on Rs 5 lakh in 5-year SBI, PNB, HDFC Bank & other FDs?For senior citizens seeking consistent returns, fixed deposits present an appealing option. Notably, Axis Bank currently leads the market w...
Global Market | Bank of Japan could raise rates in September, eye faster hikes: ReportsThe Bank of Japan is contemplating a potential increase in interest rates, likely as soon as September. This decision stems from concerns r...
RBI issues directions on fixed, floating rate loans: What changes for home, personal, MSME loans and existing borrowersThe Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparen...
RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...
FCNR (B) FD premature withdrawal rules: Check penalty and interest rate rules of HDFC Bank, SBI, ICICI Bank, Axis Bank, Kotak Mahindra BankFCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across in...
HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bpsHDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by te...
PFC shares tumble 5% to 4-month low after weak Q1 earnings. Why Motilal Oswal still recommends BuyPFC shares fell over 5% after the company reported a 2% YoY rise in Q1 FY27 consolidated net profit to Rs 7,012 crore. Motilal Oswal retain...
Foreign flows into Indian bonds may remain muted despite tax relief: SBI FundsForeign investment in Indian government bonds is projected to stay subdued as global yields alongside domestic interest rates reduce invest...
Highest FCNR (B) FD interest rates for NRIs: PNB offers 6.50%, compare SBI, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank rates
Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from s...