RBI Tells Banks To Stop Charging Extra Interest On Loans As Probe Shows Unfair Practices
Some banks were charging interest for the entire month, rather than charging interest only for the period for which the loan was outstanding.
Apr 29, 2024, 20:25 PM IST
RBI monetary policy review: Repo rate slashed by 0.25% to 6%, lowest since 2010; loans may get cheaper
The cut in the repo rate by RBI will help in lowering interest rate for individual and corporate borrowers. It will thus make home, auto and corporate loans cheaper.
Aug 02, 2017, 16:29 PM IST
RBI Monetary Policy Review: Who said what
Here are the experts' comments on RBI Monetary Policy Review.
Aug 02, 2017, 15:44 PM IST
7th Pay Commission: Evolving momentum of inflation to be determined by implementation of HRA, says RBI
In line with record low retail inflation, the RBI cut policy repo rate by 25 basis points to 6 percent and the reverse repo by similar proportion to 5.75 percent.
Aug 02, 2017, 15:30 PM IST
RBI Monetary Policy Review: Here is the full text
Here is the full text of RBI Monetary Policy Review
Aug 02, 2017, 15:11 PM IST
Greece says has honoured 200 mn euro interest repayment to IMF
In order deal with its crippling liquidity problem, the Greek government has ordered public administrations and local authorities to transfer their reserves to the Bank of Greece awaiting a deal with creditors.
May 06, 2015, 15:09 PM IST
