New Delhi: Costlier vegetables and fruits, such as onions and tomatoes, drove retail inflation to 10.09 per cent in October, entering double digits after seven months.Inflation as measured by the consumer price index (CPI) was
New Delhi: Days after RBI hiked short-term lending (repo) rate by 0.25 percent, State Bank of India (SBI) on Thursday raised fixed deposit rate by 0.2 percent on select maturity.With the revision, term deposit between
New Delhi: When Raghuram Rajan moved to Mint Street in Mumbai earlier this month, expectations were high that he would ease the monetary policy to support growth.Contrary to expectations, Rajan hiked the key policy interest
London: Praising the new RBI Governor Raghuram Rajan for “not falling to populism”, leading NRI industrialist Lord Swraj Paul today supported the decision to raise a key interest rate which had disappointed the Indian industry.“I
Bhubaneswar, Jan 22: Pitching for a cut in interest rates and cash reserve ratio by the Reserve Bank of India, State Bank of India Chairman Pratip Chaudhuri has said the move will boost investment and
Mumbai, Apr 17: The country's largest lender State Bank of India (SBI) today said it will “do a comprehensive cut” in lending rates on various loans following the Reserve Bank's 0.5 per cent reduction in
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