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Wednesday, August 27, 2025
TopicInterest rate

Topic: interest rate

‘Customers aware of T&Cs’. What SC said in order removing 30% interest cap on late credit card payments

Court ruled NCDRC's 16-yr-old decision 'appropriated' the RBI's jurisdiction. The commission had acted on a petition alleging exploitation of credit card holders.

Interest rate hikes might have slowed growth more than easing inflation, finds RBI 

RBI has hiked interest rates by 250 basis points since May 2022 to combat inflation. Study by central bank says growth might have been ‘sacrificed’ by 65 basis points due to this.

Centre raises interest rates by 0.7% on small saving schemes for April-June quarter

While interest rates for PPF & savings deposits have been retained at 7.1% & 4%, respectively, there has been an increase of 0.1% to 0.7% in other saving schemes, the finance ministry said.

RBI may hike interest rate by 25 bps in April Monetary Policy meeting, say economists

Experts said RBI may lift its repo rate to 7-year high of 6.75% at conclusion of 3-6 April meeting and keep the rate steady for the rest of the year.

EPFO sets 8.15% as interest rate on provident fund for fiscal year 2022-23

EPFO had kept the interest rate on the retirement fund at 8.1% for 2021-22 – a four-decade low.

Real interest rate of about 1% appropriate for Indian economy, says MPC member Ashima Goyal

Goyal was one of the 2 members who voted against a rate hike and for the policy stance to be changed to 'neutral' from the current 'withdrawal of accommodation' at the February meet.

Limiting currency supply to bring down inflation is outdated. Inflation was never about money

To stop printing money and control inflation is a 'zombie idea' that won’t die in spite of being proven wrong. It's just so politically appealing.

Use this Vauld Referral Code to earn interest & bonus on Bitcoin, other cryptocurrencies

"FREE100" is the most recent Vauld referral code, which you can use to earn referral fees by introducing friends to this marketplace.

With economy reeling under second wave, RBI not expected to change interest rates tomorrow

RBI is weighing the need for supporting growth despite surging inflation keeping in mind factors such as localised lockdowns, widening output gap and rising jobless rate.

RBI’s MPC begins 3-day deliberations amid expectations of status-quo in policy rate

The fears of firming inflation may also refrain the Monetary Policy Committee from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announced Friday.

On Camera

India needs a National Jobs Mission, not just skilling

Training millions of young people without commensurate opportunities risks producing not more employed youth, but more skilled unemployed.

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

Op Sindoor lesson: IAF chief bats for joint planning & coordination centre in Delhi, not theaterisation

Contrary to claims regarding implementation of theaterisation, ThePrint first reported on 17 June 2021 that it will be delayed. Now, ACM Singh bats for different structure.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.