TheNewsClues
Clues by Admin • 7 Aug 2018, Tuesday
HDFC Bank increased its fixed deposit rates on various maturities by up to 0.6%. The revised rate of interest is effective August 6, as per the information posted on HDFC Bank website. However, the increase in fixed deposit rates is likely ... Continue Reading
Read More at The Economic Times
Clues by Admin • 7 Aug 2018, Tuesday
Top-rated Indiabulls Housing Finance raised interest rates by 20 basis points in home loans following a 25 basis point rise in the policy rates by the RBI last week. The revised rate of interest on new home loans for women applicants/co-applicants ... Continue Reading
Read More at The Economic Times
Clues by Admin • 2 Jul 2018, Monday
Foreign Portfolio Investors (FPIs) have withdrawn Rs 47,836 crore from Indian capital markets in the first six months of 2018, making it the steepest outflow in a decade since January-June 2008. Concerns following high crude oil prices, depreciating Indian rupee and global trade ... Continue Reading
Read More at Livemint
Clues by Admin • 14 Jun 2018, Thursday
The Federal Reserve on Wednesday raised its benchmark interest rate for the second time this year on the back of a strong US economic recovery. It hinted at four rate hikes this year, up from the three it had previously ... Continue Reading
Read More at Times of India
Clues by Admin • 12 Jun 2018, Tuesday
Investors locking money at higher returns are going for fixed deposits of non-banking finance companies instead of bank FDs like Bajaj Finance, DHFL, Mahindra Finance, Shriram Transport Finance and HDFC Ltd. which have raised interest rates by 50 to 75 basis points ... Continue Reading
Read More at The Economic Times
Clues by Admin • 15 May 2018, Tuesday
The Reserve Bank of India (RBI) is expected to begin its rate hike cycle from quarter ended December 2018, and may go for three rate hikes by 2019 taking the key policy rate (repo rate) to 6.75%, says a Morgan Stanley report. According ... Continue Reading
Read More at Hindustan Times
Clues by Admin • 3 May 2018, Thursday
The US Federal Reserve left interest rate unchanged at 1.50-1.75%. In a statement after the end of the two-day policy meeting, the central bank said, “The stance of monetary policy remains accommodative, thereby supporting strong labour market conditions ... Continue Reading
Read More at The Economic Times
Clues by Admin • 30 Apr 2018, Monday
With RBI kept repo rate unchanged at 6% for the sixth consecutive time in its recent Monetary Policy review, few banks have recently raised their deposit rates by 10-100 bps (100 bps= 1%) to around 7%. Argentina’s central bank has raised its ... Continue Reading
Read More at The Financial Express
Clues by Admin • 20 Apr 2018, Friday
Deputy Governor of RBI, Viral Acharya, after the early April monetary policy meeting hinted that the central bank was switching from neutral stance to “decisively vote for a beginning of ‘withdrawal of accommodation’ in the next monetary ... Continue Reading
Read More at Business Standard
Clues by Admin • 3 Apr 2018, Tuesday
The RBI is expected to keep its key interest rate unchanged at 6 per cent as it did over three successive reviews previous year. In a letter to RBI Governor Urjit Patel, industry body Assocham said the key risks to the ... Continue Reading
Read More at The Economic Times
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