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Interest On Loans News

29 Apr 2024

RBI Tells Banks To Stop Charging Extra Interest On Loans

Some banks were charging interest for the entire month, rather than charging interest only for the period for which the loan was outstanding.

LIVE RBI Monetary policy review

02 Aug 2017

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.

RBI Monetary policy review

02 Aug 2017

RBI Monetary Policy Review: Who said what

Here are the experts' comments on RBI Monetary Policy Review.

RBI Monetary policy review

02 Aug 2017

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.

RBI Monetary policy review

02 Aug 2017

RBI Monetary Policy Review: Here is the full text

Here is the full text of RBI Monetary Policy Review

06 May 2015

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.

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