Page 23 - Interest Rates

ICICI, Axis, IDFC First Bank hike deposits rate for above Rs 2 crore

Hike rates after credit growth expands 15.3%

India's economic indicators give conflicting signs of recovery in July

Demand for Indian goods and services softened, a cross-section of high-frequency indicators compiled by Bloomberg News showed

High interest rates do not deter home buyers, says BoB research report

High interest rates does not impact the demand for housing as individual home buyers are aware that it may move up and down during the tenure of their loan, said a research report by Bank of Baroda. The borrowing rates are on the rise since May this year after the Reserve Bank of India (RBI) effected first hike in the benchmark lending rate. The repo rate has increased by 140 basis points since May. The report on 'Housing loan scenario in India' said the housing segment has shown resilience post pandemic. The strong momentum in housing loans by both Public Sector Banks (PSBs) and other financial institutions also points to the same. The government and RBI measure to support this sector, along with lower prices and interest rates helped cushion the impact of the Covid-19 pandemic on this sector. With normalisation of economic activity and a pickup in growth, demand for housing is poised to grow, suggesting more demand for housing loans, said the report authored by Aditi Gupta, ...

Inflation, rates may hit $114-billion firm debts: Standard and Poor's

'Deterioration in credit profile may not lead to large-scale defaults even in stressed scenario'

Rising interest rate trend has made liquid funds attractive: Experts

Investors entering the market now can expect above 5% return at low risk, better than parking money into a savings bank account

Should India go for bond issue to tap NRIs, other overseas investors?

The crucial issue is what should be the interest rate to attract overseas investors, mainly Indians to take part in it

Indian banks now in better position to manage interest rate risks

Reduction in bond duration puts lenders on stronger footing amid higher yields

FY23's interest coverage ratio likely to deteriorate: Bank of Baroda study

The interest payments of the companies is going to increase going forward because interest rates are expected to go up in the rising rate cycle

Europe shares mixed after Asian markets decline on tech downturn

Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher interest rates tend to work as a minus for share prices.

Rising interest rates unlikely to dent growth in home sales: Developers

Homebuyers are strategising their financial preparation for a home purchase in the wake of increased home loan interest rate

How much will be the next rate hike: 35 or 25 bps?

Since the RBI is determined to ensure a soft landing of the economy through front-loading the rate hikes, the probability of a 35-bps hike at the next meeting is strong

Will RBI catch up with rest of the world on Friday in terms of rate hike?

On August 4, the Bank of England is expected to raise rates by 50 bps to 1.75 per cent. A Business Standard poll of 10 economists expects the RBI to raise rates by 35-50 bps

UK braces for biggest hike in interest rates in 27 years: Report

Bank of England says prices may leap as much as 11% this year

HDFC Bank opens special window offering 6.80% interest for NRE deposits

The window, which is available on Wednesday and Thursday, offers an annual rate of 6.80 per cent on NRE deposits worth Rs 2 crore to less than Rs 150 crore

Correlation between India and US markets hits 17-month high, shows data

India's blue-chip gauge gained nearly 5 per cent this month, compared to 4.6 per cent for the S&P 500 and 0.33 per cent for the MSCI Asia Pacific measure

L&T Finance Holdings Q1 net up 47% to Rs 262 cr on better interest margins

Firm expects NIM plus fees to stay above 8% in FY23

Valuations not comfortable in context of interest rates: Janakiraman R

Valuations have definitely come off over the past three quarters, said Janakiraman

Supply chains inching back to normal brace for headwinds of softer demand

Citi cautioned against declaring an 'all clear' on the supply front

FRAs back in vogue, help insurers in fixed rate of interest for payouts

Forward Rate Agreements enables insurers lock in a fixed rate of interest rate for a future pay out

SBI, ICICI Bank up interest rates on certain foreign currency bank deposits

According to SBI's website, the interest rate on US dollar category deposits with maturities up to 2 and 3 years are up by 85 basis points to 2.85 per cent and 3 per cent