Keyword : Interest Rate

Banks to offer differential rate for term deposits

The differential interest rates based on whether the term deposits are with or without the premature withdrawal facility come to India. The Reserve Bank of India (RBI) has given gree

Banks cut rates as Rajan exposes their flawed logic

They get fat salary, benefits and more holidays while offering ordinary service. The bankers do not seem to care for the consumers and it takes no less than Reserve Bank’s governor Raghuram R

Subba Rao seeks veto power for RBI chief but compromise likely on casting vote

The governor of Reserve Bank of India Raghuram Rajan has received tactical support of his predecessor even as centre and the RBI are close to an agreement on the broad contours of the Monetary Poli

Inflation and assets are on top of RBI agenda in its annual report

Reserve Bank of India will focus on lower of inflation, faster resolution of distressed assets and ensuring banks have enough capital. Governor Raghuram Rajan said in the central ban

Wholesale prices index inflation falls to historic low, concern over deflation

The fear has always been in the air and today’s figures add to the anxiety. Deflationary trend continued for the 10th month in a row with inflation plunging to a historic low of (-)4.95% in A



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