interest rate

INTEREST RATE NEWS

Mumbai realtor, son booked for duping 18 investors of Rs 31.26 crore

December 04, 2025 10:35 am

According to the Mumbai police, the alleged scam came into light following a complaint from a pharma businessman who invested Rs 8.26 crore between April 2021 and May 2023 in a real estate project of the accused.

Indian techie pays off Rs 53 lakh loan in 6 years, shares smart repayment strategy: ‘Bank balance is nearly empty, but relief is priceless’

November 07, 2025 11:29 am

According to the techie, having a detailed repayment strategy made all the difference. Early on, they sought advice from friends, family, and financial experts to build a clear plan.

After surging 3x in 3 yrs, can PNB Housing Finance sustain the momentum? 

May 03, 2025 10:19 am

PNB Housing Finance has sharply reduced NPAs and nearly doubled PAT since FY23. Write-backs have boosted short-term gains, but sustainable growth hinges on managing asset quality as the affordable housing book grows.

Centre reconstitutes Monetary Policy Committee ahead of RBI rate review

October 02, 2024 8:43 am

Under the flexible inflation targeting regime, the RBI has to maintain CPI in the 2-6 per cent range. It has been targeting to bring inflation down to 4 per cent on a durable basis.

Why RBI has been wary of declaring an early victory over inflation

April 06, 2024 9:24 am

Macro environment could turn conducive for central banks to begin cutting rates by the end of summer

Govt raises interest rates on select small saving schemes by up to 0.3 pc

June 30, 2023 6:42 pm

With the revision, a one-year term deposit with post offices will now earn 0.1 percentage higher point at 6.9 per cent and for the two years tenor -- 7 per cent (up from 6.9 per cent).

Govt raises interest rates on most small saving schemes

March 31, 2023 10:23 pm

The highest increase was in the interest rate of the National Savings Certificate (NSC), which will now attract 7.5 per cent, up from 7 per cent, for the April 1 to June 30, 2023 period

RBI MPC Meeting Today: Repo rate hiked by 35 bps to 6.25%; FY23 GDP projected at 6.8%

December 09, 2022 9:29 am

RBI MPC Meeting December 2022: RBI Governor Shaktikanta Das announced that the monetary policy committee (MPC) hiked the repo rate by 35 basis points (bps) to 6.25 per cent. The central bank also cut growth forecast for the current financial year to 6.8 per cent. Here's what the Indian central bank chief announced.

RBI Monetary Policy Highlights: Repo rate hiked 50 bps to 5.9%; 2022-23 growth forecast cut to 7%

September 30, 2022 4:59 pm

RBI Monetary Policy Meeting Highlights: RBI Governor Shaktikanta Das announced that the monetary policy committee (MPC) hiked the repo rate by 50 bps to 5.90 per cent and added that inflation is expected to remain elevated at around 6 per cent in second half of 2022-23. The central bank also cut growth forecast for the current financial year to 7 per cent. Here's what the Indian central bank chief announced.

RBI MPC Meeting Highlights: Inflation has peaked and will moderate, says Shaktikanta Das

September 07, 2022 12:39 pm

RBI Monetary Policy Meeting Highlights: The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India (RBI) Governor Shaktikanta Das hiked the repo rate by 50 bps to 5.40 per cent. In the post-policy press conference, Das said that inflation has peaked and will moderate, but it is at unacceptably high levels. Here's what the Indian central bank chief announced.

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