Page 3 - Interest Rate

Honeymoon with record profits may end in March

From the June quarter, the drop in net interest margin will separate the men from the boys

Sundaram Finance to revise interest rate on term deposits from Jan 1

Non-banking finance company Sundaram Finance would revise interest rate on its term deposits with effect from January 1, the city-based firm said on Saturday. Accordingly, the rate on 12-month deposit would be increased to 7.20 per cent, 7.50 per cent for a tenure of 24 months and for 36 months it would be 7.50 per cent. For senior citizens, the rate of interest would be 7.70 per cent for 12-month deposits, 8 per cent for 24 and 36 months, the city-based Sundaram Finance said in a statement here. The company said its deposit base stood at Rs 4,461 crore.

Global slowdown, Union Budget: 5 factors that will guide markets in 2023

Analysts expect the Indian equity markets to consolidate over the next few months, as they fully digest the negatives of rich valuations, rising interest rates amid growth headwinds.

Sum total of all your EMIs should not exceed 40% of your net income

Make sure buying a house will not lead to compromises on other crucial financial goals

Manufacturing PMI recovers to 55.3 in Oct amid contained price pressures

Manufacturing employment increases at 'marked rate' as factories report rise in orders, says survey

Sebi recovery rate less than 2% of Rs 99,490 cr claimed since 2013-14

Number of pending notices was up 31% to 2,872 at the end of FY22, from 2,193 the previous year

A healthy debate: The case for and against interest rate hike

Having raised policy rates to about 6 per cent, does India's Monetary Policy Committee need to do more? And, if so, is more front-loading warranted?

NFRA warns auditors against non-accrual of interest on NPA borrowings

Mere classification of a firm's loans as NPAs by lender banks does not relieve the borrower from its liability towards payment of interest or the principal, the authority says

RBI steps up fund infusion as system liquidity 'almost neutral'

Rates on CPs, CDs surge; pressure mounts on banks to raise deposits

BS Number Wise: Indian deal-making enters the slow lane, shows data

There is less money for companies as buyers slow down transactions amid geopolitical tension and higher capital cost.

Asian stocks market follow Wall Street up on hopes of rate hikes easing

Asian stock markets followed Wall Street higher on Wednesday as hopes rose that the Federal Reserve might ease off plans for interest rate hikes and Britain installed its third prime minister this year. Shanghai, Tokyo, Hong Kong and Sydney gained. Oil prices declined. Wall Street's benchmark S&P 500 index rose for a third day after bond prices rose, suggesting some investors expect the Fed to ease off rate hikes as economic activity cools. Traders see weaker US housing prices and other data as support for a dial back of Fed plans at its December meeting, said Vishnu Varathan of Mizuho Bank in a report. The new British prime minister, Rishi Sunak, warned Tuesday of a profound economic crisis, but his arrival appeared to reassure rattled markets. The battered pound edged higher against the US dollar. The Shanghai Composite Index rose 1.4% to 3,018.59. The Nikkei 225 in Tokyo jumped 2.4% to 15,531.83 ahead of the expected release of a stimulus package this week that reportedly coul

Bond yields ease as MPC minutes hint at slower interest rate hikes

1-year bond yield logs the sharpest fall in two-and-a-half months

Why this is not the time to take on very long-term fixed deposit investment

For periods longer than 3 years, it is a good idea to explore debt mutual funds that offer indexation benefits and lower the tax outgo

Private bets shield big investors from inflation, spiraling interest rates

The big question now looming over giants from China's $1.2 trillion sovereign wealth fund to California's public pension, the largest in the US, is how long those private bets will remain insulated

RBI's rate setting panel starts deliberations; decision on Friday

The Reserve Bank's rate-setting panel on Wednesday started deliberations on the keenly awaited monetary policy amidst expectation of 50 basis points hike in interest rate to check inflation and improve foreign capital inflow to arrest declining value of rupee against the US dollar. The decision of RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) will be announced on September 30. The government has tasked the central bank to ensure the consumer price index (CPI) remains at 4 per cent with a margin of 2 per cent on either side, but retail inflation has stubbornly stayed above the RBI's comfort zone since January. As per the latest data, the inflation was at 7 per cent in August. While inflation remains high, the Indian rupee is sliding sharply, the US dollar and was currently trading near 82 against the greenback. The rupee depreciation has hastened following the US Fed raising their interest rate thrice by 75 basis point each in the recent past. Other

Bank credit growth hits near nine-year high of 15.5%, shows RBI data

Achieving 20% growth going forward remains a challenge; deposits for week ended August 26 up 9.5%

Loans against sovereign gold bonds may help reduce borrowing cost: Experts

There's a five-year lock-in on SGBs and thereafter you may have to sell them at a discount, hence borrow

China hits 'liquidity trap' as low lending rates fail to spur bank loans

China's Central bank data showed a sharp slowdown in aggregate financing, a broad measure of credit, in July, as new loans and corporate bond issuance weakened

Top headlines: BoE raises rates by most since 1995; GAIL Q1 net up 51%

GAIL (India) Ltd, the nation's largest gas utility, on Thursday reported a 51 per cent jump in its June quarter net profit on the back of bumper margins from gas marketing

Yields up with dollar as Fed officials signal more hikes; Asian stocks firm

Asia-Pacific bond yields followed US Treasury yields higher on Wednesday and the dollar continued its climb after Federal Reserve officials signalled they are nowhere near done raising interest rate