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DEREGULATION OF INTEREST RATE
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...
- JPMorgan CEO Jamie Dimon: Iran war could reignite inflation and keep Fed rates higher for longerJPMorgan CEO Jamie Dimon warned that the war in Iran could trigger oil and commodity price shocks, leading to persistent inflation and high...
- Compensate bond investors at 8% for late interest credit: RBIInterest on these bonds is paid either through interest warrants by registered post or credited to the investor's bank account.
- South Indian Bank, Federal Bank increase deposit ratesDeregulation of interest rates on non resident term deposits has triggered an interest rate war among banks, with small banks like South In...
- Freeing up of saving rates by RBI to cut bank profits: Moody'sGlobal ratings agency Moody's today said that RBI's recent move to deregulate savings interest rates will reduce banks' profitability.
- Savings rate deregulation: Earn more from the idle cash in your bank accountExperts believe that the average interest rate on savings accounts will increase by 50-100 basis points from the current 4% over the medium...
- Money lying idle in savings accounts to fetch more nowLarger banks will not be able to respond selectively to Reserve Bank of India's complete deregulation of interest rates.
- Consumers set to earn more on savings accounts as RBI de-regulates interest ratesFor deposits up to Rs 1 lakh and irrespective of the amount in the account within this limit, a bank will have to offer a uniform interest ...
- Consumers shouldn't panic as the rates will fall in 2-3 years: KR Kamath, Punjab National BankPunjab National Bank, the country's second largest state-run lender, has recently decided to foray into the life insurance segment by picki...
- Savings rate deregulation may push up costs for a/c holdersEarlier, 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 rateThe Reserve Bank of India (RBI) has published a discussion paper on deregulation of the interest rate on savings bank deposits, seeking fee...
- RBI draft favours freeing of savings banks interest rateRBI released a discussion paper on deregulation of savings bank deposit rate, and has asked for feedback by May 20.
- Deregulate saving bank interest rate: AssochamIndustry body Assocham has said that deregulation of interest rates on saving accounts would increase competition among banks and benefit c...
- De-regulate interest rates on savings bank depositsPublic sector banks, that have traditionally had a larger share of savings bank accounts thanks to their wider branch network, would be par...
- RBI to float discussion paper on deregulating savings a/c rateThe Reserve Bank today said it will come out with a discussion paper on deregulation of interest rates on savings account.
- RBI to look into deregulation of interest rate on savingsThe 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: BankersPresently, 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...
- RBI favours deregulation of interest rates on savings accountsReserve Bank of India Governor D Subbarao today said the central bank is in favour of deregulating interest rates on savings accounts as pa...
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