Yahoo India Web Search

Search results

1. People also ask

   Why did RBI keep Repo rate unchanged in June?

   • The central bank has been keeping repo rate unchanged for over a year now. In the June policy, too, the RBI kept the repo rate unchanged by a majority decision of the panel members, citing continuing risks on the inflation front. Goyal is also the Emeritus Professor at the Indira Gandhi Institute of Development Research.

   MC Interview | Keeping interest rates high for too long likely to hit grow…

   www.moneycontrol.com/news/business/mc-interview-keeping-interest-rates-high-for-too-long-likely-to-hit-growth-say-rbi-mpcs-external-member-ashima-goyal-12754826.html

   See all results for this question

   Will RBI lower interest rates in 2024?

   • Economists surveyed by Bloomberg predict the RBI will lower rates in the final quarter of 2024. The next rate decision is on Aug. 8. External MPC member Varma said as inflation moves closer to the target, monetary policy should be “only mildly restrictive, so that the growth sacrifice is modest.”

   Policymakers at Reserve Bank remain divided over rate-growth debate

   www.business-standard.com/finance/news/policymakers-at-reserve-bank-remain-divided-over-rate-growth-debate-124062500161_1.html

   See all results for this question

   Will the RBI ease after the Federal Reserve reopens?

   • Madhavi Arora, lead economist at Emkay Global Financial Services Ltd., said it’s unclear if the differences in views means any rate action will follow in coming months. She predicted the RBI likely won’t ease until after the Federal Reserve does so.

   Policymakers at Reserve Bank remain divided over rate-growth debate

   www.business-standard.com/finance/news/policymakers-at-reserve-bank-remain-divided-over-rate-growth-debate-124062500161_1.html

   See all results for this question

   Will repurchase rate change?

   • The committee has kept the benchmark repurchase rate unchanged at 6.5% for more than a year now, with inflation still hovering above the RBI’s 4% target. Madhavi Arora, lead economist at Emkay Global Financial Services Ltd., said it’s unclear if the differences in views means any rate action will follow in coming months.

   RBI policymakers divided over rate-growth debate

   www.moneycontrol.com/news/business/economy/rbi-policymakers-divided-over-rate-growth-debate-12755497.html

   See all results for this question

2. www.newindianexpress.com › business › 2024No change in rates on small savings for Q2 - The New Indian ...

   www.newindianexpress.com › business › 2024

   • Cached

   7 hours ago · “The rates of interest on various small savings schemes for the second quarter of FY 2024-25, starting from July 1, 2024, and ending on September 30, 2024, shall remain unchanged from those ...

3. economictimes.indiatimes.com › industry › bankingRates on fresh loans and deposit moderate sequentially in May

   economictimes.indiatimes.com › industry › banking

   • Cached

   16 hours ago · The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits was at 6.93 per cent in May 2024 compared to 6.91 per cent in April 2024, RBI said. This excludes the impact of the merger of HDFC with HDFC Bank. But the WALR on outstanding rupee loans was unchanged at 9.83 per cent in May 2024.

4. www.business-standard.com › finance › personalRBI fines HSBC Rs 29.6 lakh for credit card rule violations ...

   www.business-standard.com › finance › personal

   • Cached

   15 hours ago · If the interest rate on your credit card is 2% per month (around 24% annually), the interest charged on your Rs. 10,000 balance for the month would be Rs. 200 (Rs. 10,000 x 2%). If the bank follows the RBI rule, they would subtract the Rs 1,000 minimum payment from your balance before calculating the next month's interest.

5. bfsi.economictimes.indiatimes.com › news › industryIndia's GDP growth to slow modestly this fiscal year and next ...

   bfsi.economictimes.indiatimes.com › news › industry

   • Cached

   4 hours ago · But growth is set to slow to 7.0% and then 6.7% in the current and next fiscal years, according to a June 19-27 Reuters poll of over 50 economists. The forecasts are broadly unchanged from those made before the outcome of an election Prime Minister Narendra Modi was widely expected to win easily. Instead, the BJP lost its sizeable parliamentary ...

6. www.rightsofemployees.com › small-saving-interestSmall saving Interest: No change in interest rates on small ...

   www.rightsofemployees.com › small-saving-interest

   • Cached

   7 hours ago · The interest rates on various small savings schemes have been kept unchanged for the quarter starting July 1, 2024. The Finance Ministry said in a notification, “The interest rates on various small savings schemes for the second quarter of the financial year 2024-25 (from July 1 to September 30, 2024) will remain the same as the rates notified for the first quarter (from March 1 to June 30, 2024).

7. www.news9live.com › opinion-analysis › navigatingNavigating Inflation, Unemployment, and Social Resilience

   www.news9live.com › opinion-analysis › navigating

   • Cached

   7 hours ago · In early June 2024, the RBI maintained its key interest rate at 6.50 percent and raised its economic growth outlook for the year, but it kept its inflation forecast unchanged, cautioning about persistent price pressures on food. Food inflation is expected to stay high, influenced by the severe heatwave across the country.

8. www.livemint.com › opinion › columnsRevenue upside should be split between spending ... - Mint

   www.livemint.com › opinion › columns

   • Cached

   5 hours ago · A much larger tailwind stems from the RBI’s unexpectedly large dividend payout of ₹ 2.1 trillion to the GoI, as against the IBE of ₹ 1.0 trillion pegged for dividends from the RBI ...