[
interest rate
]Latest from interest rate
Inflation surges to 8-year high, interest rate hike may be on cards
Retail inflation (CPI) in April soared to a 95-month high on the back of a surge in prices across all major commodity groups. It was way back in May 2014 that CPI inflation was at 8.3 per cent.
Published on May 12, 2022 11:02 PM IST
PTI |
These banks increased interest rates after surprise RBI repo rate hike
A number of banks raised their external benchmark based lending rates following an increase of 0.40 per cent in the repo rate - at which the Reserve Bank lends short term money to banks.
Updated on May 08, 2022 05:10 PM IST
HT News Desk | Written by Aniruddha Dhar, New Delhi
'RBI's repo rate hike no surprise, but…': Nirmala Sitharaman's first reaction
On May 4, after an unscheduled meeting of the RBI's Monetary Policy Committee, the central bank had increased the policy repo rate by 40 basis points to 4.40 per cent. It also announced a 0.50 per cent increase in the cash reserve ratio (CRR).
Updated on May 08, 2022 02:53 PM IST
HT News Desk | Written by Aniruddha Dhar, New Delhi
Interest rates on small savings schemes unchanged till March 31, 2022
The announcement comes ahead of assembly elections in five states – Uttar Pradesh, Uttarakhand, Punjab, Himachal Pradesh and Goa.
Published on Dec 31, 2021 11:00 PM IST
PTI | , New Delhi
Pakistan’s interest rate surge shows IMF deal not enough
Prices in the nation grew more than 11% in November and the trade shortfall more than doubled to a record of almost $5 billion, data showed this week, pushing the benchmark stock index down almost 5% on Thursday.
Updated on Dec 03, 2021 09:03 PM IST
Bloomberg |
