Interest Rates

Statsguru: Will RBI's MPC moderate demand during this festival season?

RBI's MPC faces a rate-hike dilemma as inflation remains within target even as robust economic growth and demand pressures strengthen the case for tighter policy

Business Standard poll: RBI may hike repo rate by 25 bps in October meet

RBI may raise repo rate by 25 bps in October as higher crude prices raise inflation risks, while resilient growth could prompt an upward revision to the FY27 growth forecast

Best of BS Opinion: After trade policy clashes, is a capital war imminent?

From India's narrowing demographic window and Boeing 737 MAX safety concerns to capital-flow risks, Carrefour's return and AI's social costs, today's opinions examine long-term structural shifts

Interest rates on small savings schemes remains unchanged for Oct-Dec

As per the notification, deposits under the Sukanya Samriddhi Scheme will attract an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent during Q3

PSBs see rate repricing as margin reprieve amid RBI rate hike expectations

High exposure to repo-linked RAM loans could help public sector banks reprice assets faster than deposits if the RBI raises rates

Japan's central bank raises interest rate to 1.25%, highest in 31 years

Japan's central bank on Friday raised the benchmark interest rate to 1.25 per cent from 1.0 per cent, a 31-year-high. The move Friday, coming at the end of the two-day monetary policy board meeting, was expected, widely figured into recent global markets. The raise by 0.25 percentage points to the policy rate comes after the Federal Reserve also raised its key rate this week. Pressures have been coming from the US for Japan to raise rates because of concerns about the weakening yen. The nations intervened together recently to prop up the yen. The US dollar is trading at about 155 yen.

Consumer durable loans: Avoid hidden costs and risk of overleveraging

Compare the annual percentage rates across players, and also compare the total cost of cash and EMI options to understand the actual cost

Make sure you know what the rates are before taking a personal loan

A personal loan can come in handy when you need quick liquidity, but tends to carry higher interest rates

ECB doubles down as G7's hawk with second rate hike likely this week

In a move set to reaffirm the ECB as the most hawkish central bank among the Group of Seven, a quarter-point increase on Thursday has been widely signaled

RBI draft rules on interest rates: External benchmark optional for NBFCs

The proposed harmonised framework requires banks to link certain floating-rate loans to external benchmarks while giving NBFCs and other lenders discretion over adoption

Fixed deposits emerge as a safer option amid RBI pause and market swings

With the RBI holding interest rates steady and equity markets facing uncertainty, fixed deposits offer investors a low-risk option to compare returns across bank tenures

Neutral pause suggests rate hikes aren't imminent: Aditi Nayar

We broadly concur with the MPC's growth forecasts for FY2027, notwithstanding some differences in the quarterly projections, Nayar said.

Sustained uncertainty: RBI's MPC is unlikely to change the policy rate

The RBI has projected an average inflation rate of 5.1 per cent for this financial year and is unlikely to change it much at this stage

Foreign banks exhibit strongest rate transmission: RBI Bulletin

Foreign banks have exhibited the strongest transmission of the Reserve Bank of India's policy easing during the current rate-cut cycle, lowering both lending and deposit rates more sharply than their public and private sector peers, according to the RBI's bulletin. In its monthly bulletin released on Wednesday, the RBI said that during the easing cycle between February 2025 and May 2026, scheduled commercial banks (SCBs) reduced repo-linked external benchmark-based lending rates (EBLR) and marginal cost of funds-based lending rates (MCLR), with pass-through to fresh lending rates remaining particularly strong in infrastructure and other EBLR-mandated sectors. The bulletin showed that foreign banks cut weighted average lending rates (WALR) on fresh rupee loans by 1.24 percentage point, compared with 1.08 percentage point by private banks and 0.66 per cent by public sector banks. For outstanding rupee loans, foreign banks again led transmission with a 1.20 percentage point reduction,

Small savings scheme interest rates unchanged for second quarter: FinMin

The interest rate on the Public Provident Fund (PPF) has been retained at 7.1 per cent, while post office savings deposits will continue to earn 4 per cent

A personal loan can come in handy, but make sure you know the rates

A personal loan can be very useful in a sudden funds crunch, but may carry higher interest rates due to the higher risk it carries

Premature to talk about rate hikes, says RBI Governor Sanjay Malhotra

Central bank chief says RBI is monitoring the inflation impact of higher crude oil prices, while highlighting India's stronger external position and resilient banking system

EMI, interest rate & tenure: How to judge the true cost of a loan

Taking a loan is one part but managing it well is what matters long term

What are the best interest rates senior citizens can get on fixed deposits?

Senior citizens get a higher rate of interest on fixed deposits across public, private, and foreign banks, as well as small finance banks

'MPC signals strategic prudence, potential rate hikes likely from October'

While immediate forex inflows are not anticipated from the above measures, they are likely to arrest the recent capital outflows and foster improved market sentiment