Tag archive for ‘rate’
By Loknath Das On Tuesday, November 21st, 2017
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Pound to dollar exchange rate – sterling remains steady with the US currency

Sterling was firmer against both the dollar and the euro ahead of the UK budget on Wednesday. And the pound – up 0.23% to 1.3245 against the dollar this morning – was helped further following press More...

By Loknath Das On Saturday, October 7th, 2017
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RBI lowers growth forecast to 6.7%, holds repo rate citing risk to inflation

Home and auto loan rates are unlikely to change, after the Reserve Bank of India (RBI) left its key policy rate unchanged on Wednesday, citing higher risks to inflation. The central bank slashed its growth forecast More...

By Loknath Das On Thursday, September 21st, 2017
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This SBI Account Has No Minimum Balance Charges But Offers Same Interest Rate

SBI in a Twitter post said that its Basic Savings Bank Deposit accounts offer same interest rates as its other savings bank accounts but do not charge any penalty for not maintaining monthly average balance. The More...

By Loknath Das On Tuesday, September 19th, 2017
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RBI Likely To Hold Policy Rate Till Fiscal Year-End: Kotak Institutional Equities

New Delhi: The Reserve Bank of India is expected to pause rate cuts for the rest of fiscal year 2017-18 as retail inflation is likely to tread higher towards 4.7 per cent by March, according to a report by brokerage More...

By Loknath Das On Monday, September 18th, 2017
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RBI Likely To Hold Policy Rate Till Fiscal Year-End: Kotak Institutional Equities

New Delhi: The Reserve Bank of India is expected to pause rate cuts for the rest of fiscal year 2017-18 as retail inflation is likely to tread higher towards 4.7 per cent by March, according to a report by brokerage More...

By Loknath Das On Tuesday, September 12th, 2017
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RBI sets rupee reference rate at 63.9474 against dollar

The Reserve Bank of India on Tuesday fixed the reference rate of the rupee at 63.9474 against the US dollar and 76.5514 for the euro. The corresponding rates were 63.8859 and 76.7334, as on Monday. According More...

By Loknath Das On Friday, September 8th, 2017
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Savings rate cut: These banks are still offering 6% interest, here’s a look

The savings account rate is at its lowest in six years, which is directly affecting small savers. Latest entrant in the list of banks reducing rates is Canara Bank. On Friday, the bank cut the interest rate of More...

By Loknath Das On Sunday, September 3rd, 2017
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Punjab National Bank To Cut Minimum Lending Rate From September

New Delhi: Punjab National Bank has cut marginal cost based lending rates by up to 0.25 per cent for select maturities, effective tomorrow. The state-owned lender has also slashed its base rate by 0.20 per cent More...

By Loknath Das On Thursday, August 31st, 2017
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Punjab National Bank To Cut Minimum Lending Rate From September

New Delhi: Punjab National Bank has cut marginal cost based lending rates by up to 0.25 per cent for select maturities, effective tomorrow. The state-owned lender has also slashed its base rate by 0.20 per cent More...

By Loknath Das On Thursday, August 24th, 2017
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ICICI Bank Cut Interest Rate On Savings Account By 0.5%

Mumbai: Private sector lender ICICI Bank today announced to reduce interest rate on savings accounts by 50 basis points to 3.5 per cent on deposits below Rs. 50 lakh. The interest rate on savings bank accounts More...