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Interest rate
Interest rate on withdrawal. 10 rules investors should know
The Public Provident Fund (PPF) is a government-backed savings and tax program that allows an investor to build up a retirement corpus while saving on annual income tax. The PPF account is one hundred percent risk free…
Ask Eli: Interest Rate Predictions & New Loan Limits
This regularly sponsored question and answer column is written by Eli Tucker, Arlington-based real estate agent and Arlington resident. Please email your questions to him for a response in the next few columns. Video summaries of some…
Take a mortgage? There is more to pay than just an interest rate
At present, the interest rates on home loans are low and many borrowers may consider taking out such a loan to take advantage of the lower rates. Most of us focus only on the interest rates offered.…
Government announces 50% interest subsidy on loans to agro-industries
The government announced an interest rate subsidy of 50% on loans to agribusiness companies.“A framework is being developed to provide a 50% interest subsidy for loans to qualified agro-industries by financial institutions. This will be…
OppFi to pay more than $ 2 million to settle DC’s continuing interest rate cap
Dive brief:Loan manager OppFi agreed to pay $ 1.5 million in restitution to more than 4,000 Washington, DC residents in a settlement announced Tuesday after the DC attorney general sued the company for charging…
Publication of a report on benchmark interest rates administered by the SARB
The South African Reserve Bank (SARB) released the Technical Specification Paper (TSP) on public comments received on the draft methodology and policy statement governing benchmark interest rates administered by SARB. In a statement,…
The fall budget, the COP26 summit and the suspension of the interest rate hike – what does…
For many businesses, fall marks the last big push of the year and a chance to do business before the days end, but the big news for everyone in recent weeks has been the outlook for 2022 and beyond.The Chancellor, world leaders and even!-->…
INVESTING OUTLOOK WITH RIGHT PROPERTY GROUP: Why a rise in interest rates won’t be the…
> Speaking of interest rates, hosts Phil Tarrant, Steve Waters and Victor Kumar say investors shouldn't be wondering if and when that will change, but how they can prepare their portfolios when the inevitable monetary tightening…
SORA: How Singapore’s Benchmark Interest Rate Transition Affects You
In line with global interest rate reforms on interest rates, the two benchmark Singapore dollar (SGD) rates that many borrowers are familiar with - the Singapore dollar swap offer rate (SOR) and the Singapore Interbank Offered Rate (SIBOR)…
New Zealand Interest Rate Rise Increases Inflation Pressure on Central Banks | New Zealand
New Zealand's central bank raised interest rates for the second time in as many months to 0.75%, with many forecasters expecting borrowing costs to hit at least 2% by now next year and maybe more.In a warning signal for central banks around…