As liquidity tightens, banks raise interest rates on bulk deposits
With the system’s surplus liquidity diminishing and deposit growth behind credit growth by a wide margin, banks have raised interest…
30 SEP 2022
interest rates
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Indian Overseas Bank raises interest rates on FDs
The Indian Overseas Bank (IOB), a public sector lender, raised interest rates on fixed deposits of less than 2 crore…
09 AUG 2022
PNB revises fixed deposit, savings account rate: Details inside
Public sector lender, Punjab National Bank has revised the interest rates on savings account deposits and fixed deposits, with effect…
02 SEP 2019
Finance Ministry hikes EPF interest rate to 8.65%
Union Ministry of Finance has hiked the Employees Provident Fund (EPF) interest rate to 8.65 percent as approved by retirement…
28 APR 2019
Banks plan to raise lending rates, may cause threat to economy
Posing a severe challenge to India’s struggling economy, banks are now planning to raise their interest rates. However, rates pertaining…
08 FEB 2018
ICICI Bank cuts interest rates on bulk deposits by 15-25 bps
In a move that may dishearten people, ICICI Bank Ltd has slashed interest rates on bulk deposits by 15-25 basis…
03 MAY 2016
Interest rates lowered on saving investments
Finance Minister Arun Jaitley has announced the revised interest rates on small saving investments which will result in lower returns.…
22 MAR 2016
RBI’s key lending rates on hold
India’s central bank has ahead of the federal budget for the next fiscal, taken a crucial step by keeping its…
02 FEB 2016
Dena Bank revises interest rates on fixed deposits
State-run lender Dena Bank has hiked interest rates on fixed deposits in various time buckets with immediate effect. For retail…
03 FEB 2015
