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Showing results for "#Interest rate hike"
SBI raises FD rate on select short-term maturity up to 75 bps
The country's biggest lender State Bank of India (SBI) has hiked fixed deposit rate on select short-term maturity up to 75 basis points
After years of getting a raw deal, savers savour interest rate hike
27 Nov 2022 10:24 AMBanks and NBFCs have, as a result, also hiked the rates on FDs and bonds. Additionally, on the domestic front, banks will need to shore up their...
Don’t hike repo rate by more than 25-35 bps: Assocham’s advice to RBI
3 Dec 2022 1:06 PMAssocham has also requested the RBI to treat retail loans for purchase of electric vehicle (EV) as priority sector lending.
Indian stocks decline on US central bank's continued interest rate...
23 March 2023 4:48 AMMonetary policy tightening in the form of interest rate hikes in the advanced economies is detrimental for India, and other developing countries, as...