interest rate

The last time the annual return on EPF savings was this low was in 1977-78. The return on workers’ retirement savings with the Employees’ Provident Fund Organisation (EPFO) has been cut to 8.1% for 2021-22. Lowest In 45 Years The…

Unsecured personal loans of upto Rs 5 lakh will be provided to individuals undergoing Covid treatment, along with loans of upto Rs 100 crore to healthcare businesses. In order to provide financial aid and relief to individuals…

As per the newest reports coming in, the home loan rates of the State bank of India have increased by 25 basis points and will be effective from April 1. Additionally, other banks are expected to follow in SBI’s footsteps soon…

Repo rate is the interest at which RBI lends money to other banks, which are meant for consumer loans. It is also called short-term lending rate.

Despite fraught with multiple corruption charges within the political party, one thing for sure - the reformist movement at the UPA government has reigned over the lethargically-motivated bureaucratic red-tapism. This Congress-led…

In this new millennium, a person who does not use credit cards for shopping and paying utility bills is considered as less financially savvy consumer. I know, the above statement sounds a bit naive; but that’s how I feel when my colleagues…

On 5th November 2010, whole India was gung-ho on India growth story which saw the benchmark index close at a high of 21005-points on the BSE Sensex. The surge in optimism, then, was supported by a record FII inflow of $6.4 billion in the…