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Interest Rates
Business  /  Published 11.05.22

SBI hikes bulk deposit rates

State Bank of India (SBI) has hiked its interest rates on bulk deposits — Rs 2 crore and above — by 49-90 basis points, reflecting the upward movement of interest rates in the country afte...
By Our Special Correspondent in Mumbai

Business  /  Published 23.04.22

Fed resolves to speed up rate hikes

Jerome H. Powell, the chair of the US Federal Reserve, signaled on Thursday that the central bank was prepared to raise interest rates rapidly starting in May as it tries to cool down the economy and ...
By Jeanna Smialek, Madeleine Ngo in New York

Business  /  Published 23.04.22

BoB bucks the trend

State-owned Bank of Baroda (BoB) on Friday went against the tide by reducing the home loan interest rate by a hefty 25 basis points to 6.50 per cent for a limited period. The move comes at a time some...
By Our Special Correspondent in Mumbai

Business  /  Published 19.03.22

Crude moves above $100

Meanwhile, output from the Opec+ producer group in February undershot targets even more than in the previous month, sources said, while the International Energy Agency said oil markets could lose thre...
By Reuters in London

Business  /  Published 17.03.22

Fed rate hike in line with expectations

The US Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and projected its policy rate would hit a range between 1.75 per cent and 2 per cent by year’s end in...
By Our Bureau, Reuters in Mumbai, New York

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Opinion  /  Published 18.01.22

Inflation has fast displaced the virus as a bigger risk

The third year of the coronavirus pandemic, 2022, starts on an odd note. Omicron, the contagious mutation, is storming the world, upending recoveries and economic prospects. Yet, economic policies are...
By Renu Kohli

Business  /  Published 11.01.22

Goldman flashes rate warning

Goldman Sachs on Monday projected the US Federal Reserve to hike interest rates on four occasions in 2022. The higher rates could suck out more than expected liquidity from emerging markets such as In...
By Our Special Correspondent in Mumbai


Business  /  Published 03.05.21

SBI to keep rates down

State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said.  On the impact o...
By PTI in New Delhi

Business  /  Published 28.10.20

RBI: interest waiver terms

The Reserve Bank of India (RBI) on Tuesday asked all lending institutions, including non-banking financial companies, that by November 5 they must implement the scheme of waiver of interest on interes...
By Our Special Correspondent in Mumbai


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