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Interest Rate

The monthly effective rate paid (or received if you are a creditor) on borrowed money. Expressed as a percentage of the sum borrowed.

News On Interest Rate
Home loans: Longer tenure ones are the best bet

22-07-2016| Source:Housing.com/news

loans under a floating rate of interest, you can prepay the entire outstanding or part of the home loan, if you want to sell the house or just be free from any debts. If you have taken the home loan under

Gold to trade in 30530-31282. range: Achiievers Equities

22-07-2016| Source:Moneycontrol.com

According to Achiievers Equities,Gold gained as the dollar and shares fell after the ECB left key interest rates unchanged, but better-than-expected U.S. jobs data weighed.

Govt asks RBI to provide low interest-rate loans to EXIM Bank

22-07-2016| Source:PTI

RBI has received a proposal from the Commerce and Industry Ministry to use a part of forex reserves to give long-term loans at low-interest rates to the Export Import Bank of India, Parliament

ECB keeps policy steady, sees Brexit initially contained

21-07-2016| Source:Reuters

The European Central Bank kept its interest rates and policy plans unchanged on Thursday and said the immediate stress caused to markets by Britain's shock vote to leave the European Union had been

Gold to trade in 30457-31233. range: Achiievers Equities

21-07-2016| Source:Moneycontrol.com

According to Achiievers Equities,Gold fell as the dollar hovered around four-month highs, ahead of a critical interest rate decision by the ECB.

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