Page 4 - Interest Rate

Target maturity funds are better than FMPs for locking in returns

They are more transparent and control both interest-rate and credit risk

Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr

Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close

Karur Vysya Bank Q1 net doubles to Rs 229 cr, interest income up 17%

Operating profit for up 15% YoY, major improvement seen in bad loans

Defaulting firm's debt includes both principal and interest: NCLAT

Case related to a company that challenged insolvency proceeding against it for delaying payments to borrower

We are looking at being distinctive as a bank: Axis Bank MD & CEO

In a Q&A, Axis Bank MD & CEO Amitabh Chaudhry says bank's core leadership is focused on 19 transformative initiatives, at both business and functional levels in order to become better execution engine

Nomura cuts 2023 India GDP forecast to 4.7% amid recession fears

Despite the government's recent fiscal steps to counter inflation, Nomura believes, there are upside risks to inflation from the continued pass-through of higher input costs

Negative interest rate and financial repression

Investments drive growth but how will investors get funds if the savings pile shrinks with no incentive to save in a negative interest rate regime?

Why central banks, including RBI, are raising lending rates aggressively

It is crucial to note that even though high interest rates combat inflation, the subsequent possibility of a decrease in demand may have a negative effect on the economic growth in the long run

Debt funds' exposure to banks' certificates of deposit doubles, shows data

Several funds reduce average maturity for schemes in anticipation of interest rates rising.

Invest in dynamic bond funds to navigate impact of interest rate cycle

They outshine short-duration funds: Fund managers

Rupee hits fresh all-time low vs dollar as US rate hike worries deepen

Ends at 78.39/$1 as against 78.08 on Tuesday. Wednesday's closing level also marks new record intraday low for the rupee versus greenback

Bajaj Finance raises deposit rates up to 20 bps on various tenors

Bajaj Finance Ltd, the lending arm of Bajaj Finserv, on Monday said it has raised fixed deposit interest rates on various tenors -- 24-60 months -- by up to 20 basis points (0.20 per cent). This will not include deposits of 44 months tenor, it added. The revised rates on Bajaj Finance FDs of up to 20 basis points are effective from June 14, 2022, and shall be applicable to fresh deposits and renewals of maturing deposits, the lender said in a release. With this, the depositors will earn 7.20 per cent cumulative return on deposits between 36 months to 60 months. Senior citizens can reap the benefit of up to 0.25 per cent higher FD rates, which will offer assured returns of 7.45 per cent for 36 months to 60 months, the company said. The non-banking finance company (NBFC) said it has also included special interest rates for all customers. "With special interest rate, one can now choose specific tenors to enjoy interest rates up to 7.35 per cent per annum." For a tenor of 44 months

Exim Bank plans to raise $3 billion through overseas bonds in FY23

Harsha Bangari, managing director, India Exim Bank, said that treasury rates (yields on government bonds) have started going up in international markets

World shares track Wall Street retreat on interest rate worries

World shares were mixed Thursday after a retreat on Wall Street spurred by comments indicating the Federal Reserve intends to more aggressively tackle inflation. Benchmarks rose in Paris and Frankfurt after declines in most Asian markets. US futures fell while oil prices were higher. The Fed comments have added to investor unease over the war in Ukraine, coronavirus outbreaks in China and persistent high inflation. Minutes from the Fed's meeting last month showed policymaker's agreed to begin cutting the Fed's stockpile of Treasury's and mortgage-backed securities by about $95 billion a month, starting in May. That's more than some investors expected and nearly double the pace the last time the Fed shrank its balance sheet. European shares wobbled after the open, with the CAC 40 in Paris up 0.2% at 6,508.50 and Germany's DAX edging 0.1% lower to 14,141.12. The FTSE 100 in London shed 0.3% to 7,554.73. On Wall Street, the future for the S&P 500 was nearly unchanged. The future for

Sri Lanka central bank raises interest rates as inflation worries mount

Sri Lankan central bank raised interest rates, its second straight increase, to curb growing inflationary pressures amid an ongoing foreign exchange crisis that threatens to derail domestic economy

Sri Lanka central bank raises interest rates as inflation worries mount

Sri Lankan central bank raised interest rates, its second straight increase, to curb growing inflationary pressures amid an ongoing foreign exchange crisis that threatens to derail domestic economy

Higher interest rates, limited tenures drive used-car loan EMIs up

Consider top-up home loan and personal loan; they are cheaper and you could get 100% financing

As banks up interest rates, stick to lower-tenure FDs for the present

Rate increases have only begun; doing so will allow you to reinvest your money at higher rates later

What RBI policy means for the economy and markets?

The RBI's bi-monthly monetary policy yesterday kept the key interest rates unchanged. The move, analysts say, highlights a bumpy road ahead for the economy. Find out what it means for the markets

Investors prefer target maturity index funds to fixed maturity plans

Lower interest rate risk and predictable returns key attractions