Current Affairs

GK MCQs Section

Interest rate

RBI Monetary Policy Updates

The Monetary Policy Committee of RBI meets four times a year. The committee recently held its meeting on...

📅 February 8, 2023

Recent Wave of Tech Layoffs

Layoff means removing employees from jobs. Dismissing due to a decrease in profits. When the profit of a...

📅 January 31, 2023

EPFO Interest Rate -Update

Employees’ Provident Fund Organization (EPFO) has decided to reduce the interest on provident fund (PF) deposits from 8.5%...

📅 March 14, 2022

GoI appoints Monetary Policy Committee Members

On October 5, 2020, the Government of India appointed economists Jayant R Varma, Shashank Bhide and Ashima Goyal...

📅 October 6, 2020

EPFO lowers interest rate on deposit to 8.50% for FY2019-20

Employees Provident Fund Organisation (EPFO) on Thursday lowered the interest rate on deposits to 8.50 per cent for...

📅 March 6, 2020

Jyske Bank launchs world’s first negative interest rate mortgage

Denmark’s third largest, Jyske Bank has launched the world’s first negative interest rate mortgage and started to offer...

📅 August 17, 2019

US Federal Reserve’s Rate Cut: Impact on India

The United States Federal Reserve has announced a quarter-percentage-point cut in interest rates. This was the first-rate cut in...

📅 August 2, 2019

SBI introduces repo-linked home loan product

After linking its short-term loans and large savings deposits rates to the repo rate, the State Bank of...

📅 June 11, 2019

6-member Monetary Policy Committee of RBI reduces repo rate

On June 6, the 6-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has reduced...

📅 June 6, 2019

SBI becomes first Indian bank to link interest rates to RBI’s repo rate

The State Bank of India (SBI) has become the first bank in the country to link its saving...

📅 May 4, 2019

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