Searched for
DEREGULATING INTEREST RATES
Brexit at 10: How Britain's financial sector recovered and evolvedPost-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some position...
Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
Why market rose today? Sensex rises 790 points, Nifty closes near 23,700. 5 key drivers behind surgeIndian stock markets are experiencing a significant rally. The BSE Sensex and Nifty 50 indices have climbed over 1 percent each. This surge...
Sensex to hit 89,000? Why Morgan Stanley is betting big on India Inc after 6-quarter slowdownMorgan Stanley has turned more bullish on India, forecasting the BSE Sensex could rise to 89,000 by June 2027, implying around 15% upside f...
Citibank ups NRE deposit rates, DCB offers 10%Citibank became the first foreign lender to hike interest rates on NRE deposits in the wake of RBI deregulating interest rate.
- South Indian Bank, Federal Bank increase deposit rates
Deregulation of interest rates on non resident term deposits has triggered an interest rate war among banks, with small banks like South In...
- Money lying idle in savings accounts to fetch more now
Larger banks will not be able to respond selectively to Reserve Bank of India's complete deregulation of interest rates.
- Home & auto loans to get costlier as RBI hikes interest rate by 25 bps
Commenting on RBI's rate hike, leading bankers indicated that they will raise interest rates following the increase in cost of funds for ba...
- Banks against deregulation of savings rate, write to RBI
Banks have written to the RBI stating they are not in favour of a deregulated savings rates regime and such a move would "hurt everybody."
- Savings rate deregulation may push up costs for a/c holders
Earlier, the regulated interest rate of 3.5 per cent per annum - unchanged since 1993 - helped banks garner low- cost deposits and maintain...
- Opening up the last spoon-fed rate
The Reserve Bank of India (RBI) has published a discussion paper on deregulation of the interest rate on savings bank deposits, seeking fee...
- Savings accounts to offer higher interest?
The RBI has set the ball rolling on the issue of deregulating interest on savings accounts - a move which banks like SBI and HDFC Bank fier...
- RBI draft favours freeing of savings banks interest rate
RBI released a discussion paper on deregulation of savings bank deposit rate, and has asked for feedback by May 20.
- Deregulate saving bank interest rate: Assocham
Industry body Assocham has said that deregulation of interest rates on saving accounts would increase competition among banks and benefit c...
- Bank CEOs oppose savings rate deregulation
CEOs of large commercial banks have urged the Reserve Bank of India (RBI) not to deregulate interest rate on savings bank account.
- Banks may get to fix interest rate on savings a/c
RBI forms working group to look into deregulation modalities. Banks are likely to fix need-based interest rates.
- RBI to look into deregulation of interest rate on savings
The Reserve Bank said it will soon set up a working group to examine the possibility of deregulation of interest rates on savings account.
- Deregulation of savings rate to benefit depositors: Bankers
Presently, the savings rate is fixed at 3.5 per cent and is calculated on a daily basis from April 1. DTC: Impact on your budget | Implicat...
- Let go off SB interest rate
Once rates are freed, banks will emerge with new tailormade-products.
- RBI favours deregulation of interest rates on savings accounts
Reserve Bank of India Governor D Subbarao today said the central bank is in favour of deregulating interest rates on savings accounts as pa...