Tag: interest rate

PNB revises fixed deposit rates, hike by upto 1.25%

Mar. 01 Business no comments

Seeming that Budget 2013 impacts started to put on banking policies as State-owned PNB (Punjab National Bank) today has raised its rates of interest on fixed deposits. Read more

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HDFC cuts Auto Loan rates by a half percent point

Jan. 30 Business, India News Comments Off

Prevailing RBI’s monetary policy rates, private sector lender HDFC Bank has announced to reduce Auto loan rates to buy vehicles by upto 0.5 percent. Read more

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Repo Rate cuts with CRR slashing move, loans to get cheaper

Jan. 29 Business, India News Comments Off

Set with market expectations, the Reserve Bank of India (RBI) on Tuesday cut off short term repo rate by 0.25 to 7.75 % in its quarterly monetary review, raising hopes that Indian economy is appearing on right track. Read more

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India needs fiscal consolidation, Growth, inflation likely to fall: RBI

Jan. 28 Business, India News Comments Off

Just a day ahead when country expected a repo rate cut by the Reserve Bank of India, the bank said monetary easing needed a sustained fiscal consolidation. Read more

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