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Interest Rates

IDBI Bank Loans Get Cheaper
On Wednesday, LIC-owned IDBI Bank reduced marginal cost of funds based lending rate (MCLR) by 5 to 10 basis points across various tenors, with immediate effect. MCLR is the minimum interest rate below which a bank does not lend.{image-interestrates-30-1475210190.jpg www.goodreturns.in} On the ...
Idbi Bank Cuts Mclr By 5 To 10 Bps Across Tenures

India's 10-year Bond Yield Drops Below 7%
India's 10-year bond yield dropped below 7 per cent for the first time in 18-months, as low GDP numbers raised expectations of an interest rate cut. The 10-year bond yield w...
Effect Of Lower Interest Rates
Lower interest rates make borrowing cheaper which encourages spending and investment. This leads to higher demand for goods and services and boosts economic growth. But, sim...
Effect Of Lower Interest Rates
5 Best Safe FDs With High Interest Rates
Interest rates are likely to fall in the coming days, as inflation continues to remain weak. The Monetary Policy Committee, which is scheduled to meet in June, may cut inter...
WPI Inflation Jumps To 3.18% From 2.93%
The annual rate of inflation, based on monthly WPI, stood at 3.18% (provisional) for the month of March, 2019 (over March, 2018) as compared to 2.93% (provisional) for the p...
Wpi Inflation Jumps To 3 18 From 2
RBI Cuts Repo Rate By 25 Basis Points
As was widely expected, India's Monetary Policy Committee (MPC) cut interest rates or repo rates for a second consecutive time on Thursday, as inflation remains in check and...

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