Page 31 - Interest Rates

State Bank of India expects RBI to hold interest rate, says Dinesh Khara

Khara's comment comes only days before the monetary policy committee of the Reserve Bank of India (RBI), the country's central bank, is due to meet between Dec. 2 and Dec. 4

Liquidity glut, ultra low rates may prompt RBI to change course soon

Some banks are even giving 10-15-year term loans at below bond market rates. There is no avenue to deploy the excess liquidity otherwise

Some banks extending long-term loans below bond market rates, warns SBI

It's time the RBI allowed the rupee to appreciate, says an SBI Research report

Best of BS Opinion: Modi's 'Nehruvian half-blunder', Karnataka by-elections

Here's a selection of Business Standard opinion pieces for the day

Facing credit card woes amid pandemic? Look for lower-cost credit options

Defaulting on card dues could restrict access to credit in future

Interest relief: A simple scheme with wide coverage, say experts

The quantum of benefit for borrowers, however, will not be very large

Best of BS Opinion: Open-ended tariff protection, low interest rates & more

Here's a selection of Business Standard opinion pieces for the day

State Bank of India announces up to 25 bps concession on home loan rates

The country's largest lender State Bank of India on Wednesday announced concession of up to 25 basis points (bps) on its home loan rates

Top headlines: BSE-listed firms' m-cap hits new high, RBI holds key rates

From BSE-listed firms' m-cap hitting record high to Goyal getting additional charge after Paswan's death, Business Standard brings you the top headlines of the day

Interest rates on PPF, NSC and other small savings schemes unchanged

Interest rates for small savings schemes are notified by the Finance Ministry on a quarterly basis

RBI likely to keep interest rates unchanged in upcoming policy review

RBI Governor Shaktikanta Das had earlier said although there was headroom for further monetary policy action, it was important to keep "our arsenal dry and use it judiciously."

How loan restructuring scheme can impact your finances: Things to know

The accumulated interest will increase the principal and you will have to pay a higher interest rate on it

Fed officials double down on pledge to keep interest rates near zero

The Fed's governing board made that vow last week at its regularly scheduled policy meeting, promising to leave rates at their current near-zero levels until the economy reaches full employment

Fiscal stimulus, lower interest rate needed for 7% growth rate: Panagriya

Panagariya further said the country lost nearly $125 billion in the April-June period due to the Covid-19 pandemic

RBI proposes to launch exchange-traded, OTC interest rate derivatives

Products to be accessible to foreign investors and retail participants too, but latter can only use for hedging

Asking banks to waive interest will adversely impact financial system: Govt

Solicitor General Tushar Mehta told the three-judge Bench that waiving interest or granting a blanket moratorium on repayment of loans will be a "knee jerk reaction"

Sundaram Finance lowers interest rates on deposits across tenures

The company has around 600 branches spread across the country

No pressure from govt to participate in MSME scheme, says SBI chief

Leading bankers welcome term loan installment moratorium announced as economic relief

Small savings lose sheen in FY20 despite premium interest rates

Indicative of a possibility that people redeemed their savings for consumption after a likely loss in incomes

Interest rates transmission improved during 2019-20, says RBI report

Adjustments in banks' deposit and lending rates in response to changes in the repo rate improved during 2019-20, especially in the second half of the year, the RBI said