BOI Bank of India has reduced interest rates on short-term and medium-term fixed deposits for select periods with effect from April 15. It has withdrawn the special fixed deposit scheme for 400 days term where the interest rate was highest of 7.3 %. Today on 12th April decision came post RBI Reserve Bank of India […]
RBI Reserve Bank of India has reduced interest rates by 0.25% amid a spate of downgrades to growth following Donald Trump’s tariff announcements. RBI reduced repo rates from 6.25% to 6%, a second cut since February when rates were brought down after 5 years. The move is expected to lower home and auto loan EMIs, offering […]
Loan interest cannot be fully forgiven in the wake of Coronavirus epidemic Loan moratorium case.RBI Reserve Bank of India not to be put under pressure Not only the company but also the government has been harmed in the epidemic.Today Supreme Court of India refused to extend the six-month loan moratorium period offered by the Reserve […]
