NEWS & ADVICE : PERSONAL LOAN
RBI may reduce the rates by 0.25%
By Vaibhav Aggarwal
Jun 2, 2014
Print    Email    RSS   

According to Assocham survey it has been reported that the Reserve Bank is likely to cut rates by 0.25%. At the first credit policy review held last week, after Mr. Modi being appointed as the new PM of the country RBI decided to reduce the rates by 0.25%.

Mr. Rajan governor general of the RBI has taken the measure to maintain a balance between fighting inflation and reviving growth. The Final review policy of the RBI will be declared tomorrow. However a large number of corporate leaders and economists are expecting that the central bank chief would show much more pragmatism.

It has been also reported that the economic growth of the country has been below 5% mark for the second consecutive year. The economic growth n the year 2013-14 was found to be 4.7%. Many industry lenders are urging for the low interest rates in order to raise the growth.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Pay income tax through ATM
Guidelines to apply for NRI Personal Loans
Personal loan: Lender of the last resort
Loans to assist people with bad credit scores
Which is better: personal loan or gold loan?


BTM Layout ℂall ℊiℝls 08884081673 pankaj...
BTM Layout ℂall ℊiℝls 08884081673 pankaj...
BTM Layout ℂall ℊiℝls 08884081673 pankaj...
personal loan status of agreement number...
SIR/MADAM MY SELF PRIYA SHARMA PAN CARD FFTPS3791P...
SANGRUR: CaℒL Giℛℒ In Bathinda 09855660911...

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive