Page 5 - Interest Rate

Why this is not the time to take on very long-term fixed deposit investment

For periods longer than 3 years, it is a good idea to explore debt mutual funds that offer indexation benefits and lower the tax outgo

Private bets shield big investors from inflation, spiraling interest rates

The big question now looming over giants from China's $1.2 trillion sovereign wealth fund to California's public pension, the largest in the US, is how long those private bets will remain insulated

RBI's rate setting panel starts deliberations; decision on Friday

The Reserve Bank's rate-setting panel on Wednesday started deliberations on the keenly awaited monetary policy amidst expectation of 50 basis points hike in interest rate to check inflation and improve foreign capital inflow to arrest declining value of rupee against the US dollar. The decision of RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) will be announced on September 30. The government has tasked the central bank to ensure the consumer price index (CPI) remains at 4 per cent with a margin of 2 per cent on either side, but retail inflation has stubbornly stayed above the RBI's comfort zone since January. As per the latest data, the inflation was at 7 per cent in August. While inflation remains high, the Indian rupee is sliding sharply, the US dollar and was currently trading near 82 against the greenback. The rupee depreciation has hastened following the US Fed raising their interest rate thrice by 75 basis point each in the recent past. Other

Bank credit growth hits near nine-year high of 15.5%, shows RBI data

Achieving 20% growth going forward remains a challenge; deposits for week ended August 26 up 9.5%

Loans against sovereign gold bonds may help reduce borrowing cost: Experts

There's a five-year lock-in on SGBs and thereafter you may have to sell them at a discount, hence borrow

China hits 'liquidity trap' as low lending rates fail to spur bank loans

China's Central bank data showed a sharp slowdown in aggregate financing, a broad measure of credit, in July, as new loans and corporate bond issuance weakened

Top headlines: BoE raises rates by most since 1995; GAIL Q1 net up 51%

GAIL (India) Ltd, the nation's largest gas utility, on Thursday reported a 51 per cent jump in its June quarter net profit on the back of bumper margins from gas marketing

Yields up with dollar as Fed officials signal more hikes; Asian stocks firm

Asia-Pacific bond yields followed US Treasury yields higher on Wednesday and the dollar continued its climb after Federal Reserve officials signalled they are nowhere near done raising interest rate

Target maturity funds are better than FMPs for locking in returns

They are more transparent and control both interest-rate and credit risk

Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr

Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close

Karur Vysya Bank Q1 net doubles to Rs 229 cr, interest income up 17%

Operating profit for up 15% YoY, major improvement seen in bad loans

Defaulting firm's debt includes both principal and interest: NCLAT

Case related to a company that challenged insolvency proceeding against it for delaying payments to borrower

We are looking at being distinctive as a bank: Axis Bank MD & CEO

In a Q&A, Axis Bank MD & CEO Amitabh Chaudhry says bank's core leadership is focused on 19 transformative initiatives, at both business and functional levels in order to become better execution engine

Nomura cuts 2023 India GDP forecast to 4.7% amid recession fears

Despite the government's recent fiscal steps to counter inflation, Nomura believes, there are upside risks to inflation from the continued pass-through of higher input costs

Negative interest rate and financial repression

Investments drive growth but how will investors get funds if the savings pile shrinks with no incentive to save in a negative interest rate regime?

Why central banks, including RBI, are raising lending rates aggressively

It is crucial to note that even though high interest rates combat inflation, the subsequent possibility of a decrease in demand may have a negative effect on the economic growth in the long run

Debt funds' exposure to banks' certificates of deposit doubles, shows data

Several funds reduce average maturity for schemes in anticipation of interest rates rising.

Invest in dynamic bond funds to navigate impact of interest rate cycle

They outshine short-duration funds: Fund managers

Rupee hits fresh all-time low vs dollar as US rate hike worries deepen

Ends at 78.39/$1 as against 78.08 on Tuesday. Wednesday's closing level also marks new record intraday low for the rupee versus greenback

Bajaj Finance raises deposit rates up to 20 bps on various tenors

Bajaj Finance Ltd, the lending arm of Bajaj Finserv, on Monday said it has raised fixed deposit interest rates on various tenors -- 24-60 months -- by up to 20 basis points (0.20 per cent). This will not include deposits of 44 months tenor, it added. The revised rates on Bajaj Finance FDs of up to 20 basis points are effective from June 14, 2022, and shall be applicable to fresh deposits and renewals of maturing deposits, the lender said in a release. With this, the depositors will earn 7.20 per cent cumulative return on deposits between 36 months to 60 months. Senior citizens can reap the benefit of up to 0.25 per cent higher FD rates, which will offer assured returns of 7.45 per cent for 36 months to 60 months, the company said. The non-banking finance company (NBFC) said it has also included special interest rates for all customers. "With special interest rate, one can now choose specific tenors to enjoy interest rates up to 7.35 per cent per annum." For a tenor of 44 months