High rates push firms to cut overseas borrowings
In a move to increase the inflow of foreign exchange amid the weakening of rupee, the RB) has deregulated interest rates on both non-resident external rupee (NRE) savings deposits and
Experts broadly welcomed the Reserve Bank's raising key policy rates, saying there was a need to control inflationary pressure arising out of the rising global commodity prices.
Health insurance premiums are increasing. Top non-life insurers New India Assurance and ICICI Lombard General Insurance have decided to revise them and Oriental Insurance United
Despite liquidity crunch, the Reserve Bank of India is expected to raise key short-term interest rates by at least 25 basis points on Tuesday to control inflation, which is still
Union Bank of India CMD M V Nair today said there is a strong possibility of the Reserve Bank hiking interest rates at its July 27 policy review, as inflation
There is no need for banks to raise rates at this point as there is abundant liquidity in the system and credit is expected to be slightly low in the
Chanda Kochhar, managing director and CEO of ICICI Bank, expects interest rates to rise next year but only gradually, as credit growth returns to part-fund an estimated $350 billion of
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