Lending Rate Cut
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"Terrible Job:" Trump Slams US Fed After It Pauses Rate Cuts
The Fed's rate-setting committee voted unanimously to keep the bank's benchmark lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a statement.
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US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
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In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
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US Fed Holds Interest Rates, Now Sees Just One Cut This Year
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.
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Kotak Mahindra Bank Cuts 1-Year Interest Rate By 20 Basis Points, Hikes For Other Tenors
Private sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points.
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Power Finance Corporation, REC Cut Down Lending Rates
Power Finance Corporation and Rural Electrification Corporation have further cut down their lending rates for all kinds of loans, by 40 basis points
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Bank Of India Lowers Interest Rates On Home, Vehicle Loans
With the recent cut, the interest rates on home loans starts at 6.50 per cent, compared to 6.85 per cent earlier, while rates on vehicle loans start at 6.85 per cent, compared to 7.35 per cent earlier
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RBI Keeps Lending Rate At 4%, Projects Real GDP Growth This Year At 9.5%
The Reserve Bank of India (RBI) has kept the benchmark rates unchanged and "decided to continue with its accommodative stance as long as necessary to support growth and keep inflation within the target" at a time when the country is battling against the second wave of the pandemic.The central bank has kept the repo rates - the key interest rates at...
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RBI To Maintain Status Quo On Rate Cuts Amid Optimistic Growth In March Quarter: Report
RBI Monetary Policy Preview: According to credit rating agency Brickwork Ratings, RBI's rate-setting committee is likely to maintain the status quo on lending rates in view of optimistic growth in the March quarter.
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Gold Lenders Cut Loan Duration, Seek More Guarantees Due To Price Decline
Muthoot Finance is offering discounts on interest rates to borrowers who chose to repay monthly or more frequently and Muthoottu Mini Financiers is mostly lending for 90 days now versus 270 previously
-
RBI Constrained In Cutting Lending Rates Due To Inflation: Monetary Policy Minutes
According to the minutes, RBI governor Shaktikanta Das said that at this juncture it is important to keep our arsenal dry and use it judiciously
-
RBI Keeps Key Lending Rate Unchanged Amid Rising Inflation
The Reserve Bank of India's Monetary Policy Committee led by Governor Shaktikanta Das on Thursday kept the repo rate unchanged at two-decade low.
-
Shaktikanta Das-Led RBI To Announce Policy Decision Today. Will There Be A Rate Cut?
The Reserve Bank of India (RBI) will shortly announce its decision on monetary policy today as its top brass concludes a three-day review. Economists remain divided over whether the central bank will ease monetary policy further, by reducing the repo rate, despite inflation remaining way beyond its comfort zone. When Governor Shaktikanta Das addres...
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RBI Likely To Cut Lending Rates Despite Inflation Risk: Poll
Most economists in a Reuters poll expect RBI to cut repo rate by 25 basis points on August 6 and once more next quarter to a record low of 3.50 per cent.
-
With Inflation Ticking Higher It May Be Time For RBI To Pause Rate-Cutting Cycle
Having cut its key lending rate by an aggressive 115 basis points (bps) in 2020, on top of 135 bps cuts in 2019, the RBI so far has had little success in spurring credit growth amid varying degrees of lockdowns across India.
-
"Terrible Job:" Trump Slams US Fed After It Pauses Rate Cuts
The Fed's rate-setting committee voted unanimously to keep the bank's benchmark lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a statement.
-
US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
-
In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
-
US Fed Holds Interest Rates, Now Sees Just One Cut This Year
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.
-
Kotak Mahindra Bank Cuts 1-Year Interest Rate By 20 Basis Points, Hikes For Other Tenors
Private sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points.
-
Power Finance Corporation, REC Cut Down Lending Rates
Power Finance Corporation and Rural Electrification Corporation have further cut down their lending rates for all kinds of loans, by 40 basis points
-
Bank Of India Lowers Interest Rates On Home, Vehicle Loans
With the recent cut, the interest rates on home loans starts at 6.50 per cent, compared to 6.85 per cent earlier, while rates on vehicle loans start at 6.85 per cent, compared to 7.35 per cent earlier
-
RBI Keeps Lending Rate At 4%, Projects Real GDP Growth This Year At 9.5%
The Reserve Bank of India (RBI) has kept the benchmark rates unchanged and "decided to continue with its accommodative stance as long as necessary to support growth and keep inflation within the target" at a time when the country is battling against the second wave of the pandemic.The central bank has kept the repo rates - the key interest rates at...
-
RBI To Maintain Status Quo On Rate Cuts Amid Optimistic Growth In March Quarter: Report
RBI Monetary Policy Preview: According to credit rating agency Brickwork Ratings, RBI's rate-setting committee is likely to maintain the status quo on lending rates in view of optimistic growth in the March quarter.
-
Gold Lenders Cut Loan Duration, Seek More Guarantees Due To Price Decline
Muthoot Finance is offering discounts on interest rates to borrowers who chose to repay monthly or more frequently and Muthoottu Mini Financiers is mostly lending for 90 days now versus 270 previously
-
RBI Constrained In Cutting Lending Rates Due To Inflation: Monetary Policy Minutes
According to the minutes, RBI governor Shaktikanta Das said that at this juncture it is important to keep our arsenal dry and use it judiciously
-
RBI Keeps Key Lending Rate Unchanged Amid Rising Inflation
The Reserve Bank of India's Monetary Policy Committee led by Governor Shaktikanta Das on Thursday kept the repo rate unchanged at two-decade low.
-
Shaktikanta Das-Led RBI To Announce Policy Decision Today. Will There Be A Rate Cut?
The Reserve Bank of India (RBI) will shortly announce its decision on monetary policy today as its top brass concludes a three-day review. Economists remain divided over whether the central bank will ease monetary policy further, by reducing the repo rate, despite inflation remaining way beyond its comfort zone. When Governor Shaktikanta Das addres...
-
RBI Likely To Cut Lending Rates Despite Inflation Risk: Poll
Most economists in a Reuters poll expect RBI to cut repo rate by 25 basis points on August 6 and once more next quarter to a record low of 3.50 per cent.
-
With Inflation Ticking Higher It May Be Time For RBI To Pause Rate-Cutting Cycle
Having cut its key lending rate by an aggressive 115 basis points (bps) in 2020, on top of 135 bps cuts in 2019, the RBI so far has had little success in spurring credit growth amid varying degrees of lockdowns across India.
