GJEPC urges RBI to make special announcement for relaxing the interest rates and margins applicable on export finance
It urges RBI to provide interest subvention in this situation across all sectors for traders and manufacturers up to 5% and permit extension of packing credits and export bills for a period of 90 to 180 days depending on business cycle of the industry without impacting the status of the account.
PM, FM, industry welcome RBI 'bazooka' of interest rate cut, liquidity measures
Finance Minister Nirmala Sitharaman said,"appreciate RBI Gove...
FM Nirmala Sitharaman asks banks for "quick transmission" of slashed interest rate as RBI cuts key lending rate
The Finance Minister welcomed...
RBI liquidity measures lead to fall in yields
Some of India’s most highly-rated companies have had to delay bond offerings.
Lower income tax, GST and interest rates to limit economic impact: Harsha Razdan
Private sector alone can’t manage job losses, says KPMG India’s Partner and Head of consumer markets.
The interest rates must be cut and central bank should intervene, says Nilesh Shah
India has taken a vital step by locking down the country. If you safeguard the lives, you must safeguard the livelihoods. The interest rates...
Excel tool that helps to manage interest rate risk in debt mutual funds
Sebi has classified certain categories of debt funds based on their portfolio duration and therefore, it is imperative to understand its relevance. Duration measures the sensitivity of the price of a bond to changes in interest rates.
CREDAI seeks to reschedule debt repayment, reset loan interest rates
Among other recommendations, the Confederation of Real Estate Developers' Associations of India has sought about Rs 1 lakh crore that is lying in the Building and Other Construction Workers' Welfare Cess Fund collected from developers be used to provide loss of wages and healthcare benefits to construction workers.
Govt may cut interest rate on PPF, NSC, other small savings schemes next quarter
During the current quarter, the government refrained from cutting interest rates on small savings schemes, such as Public Provident Fund (PPF) and National Savings Certificate (NSC), despite moderating bank deposit rates.
Cutting interest rates at this time does not make much sense: Keki Mistry
The important thing at this point is to infuse liquidity into the system, says the CEO of HDFC.
RBI may cut key interest rates by 175 bps in FY21: Fitch Solutions
This would take the policy repurchase (repo) rate to 3.40 per cent and 3.00 per cent, respectively.
SBI reduces MCLR; cuts interest rate on savings accounts to 3%
The bank maintains 445.1 million savings accounts, the most by any bank in the country.
Realtors, PEs borrow by showing rent as cash flow
The latest loan of Rs 2,250 crore was picked up by Blackstone for the Indiabulls property at an interest rate of 8.28 per cent. SBI provided the entire amount.
SBI to foray into microfinance, may offer loans at lower interest rates
SBI to offer micro loans at rates lower than existing players nationwide through its wide network of branches.
EPFO slashes interest rate on deposits to 8.5% for FY20
Retirement fund body EPFO on Thursday lowered interest rate on provident fund deposits to 8.5 per cent for the current financial year, said ...
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