Overnight Lending Rate

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  Long-Term Repos Aimed At Helping Banks Cut Lending Rates: Shaktikanta Das

  It can be noted that the longest repo that the RBI has so far done is of 56 days, while most of its either overnight or for a fortnight.

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  US Central Bank Hikes Interest Rates For Fourth Time This Year

  Wednesday's rate increase, the fourth of the year, pushed the central bank's key overnight lending rate to a range of 2.25 per cent to 2.50 per cent.

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  US Central Bank Raises Interest Rates, Sees At Least 3 More Years Of Growth

  Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2.00 per cent to 2.25 per cent. The US central bank still foresees another rate hike in December, three more next year, and one increase in 2020.

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  Axis Bank Revises Key Lending Rates; EMIs Set To Rise

  Axis Bank's overnight MCLR stands revised to 8.10% while for a period of three years, the bank will charge an MCLR of 8.75%.

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  IDBI Bank Reduces Lending Rate

  For overnight tenor, IDBI Bank cut its minimum lending rate to 8.20 per cent from 8.50 per cent, it said in a statement.

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  Cheapest Home Loans In 6 Years As SBI Leads Cut In Lending Rates

  SBI, the country's biggest lender by assets, cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures.

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  State Bank Of India Cuts Lending Rate By 0.9% Across Maturities

  After the move, its so-called overnight marginal cost of funds-based lending rate (MCLR) fell to 7.75 percent from 8.65 percent, while three-year loan rates will now be 8.15 percent from 9.05 percent previously.

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  Axis Bank Cuts Lending Rates By Up To 0.15%

  The Ahmedabad-headquartered bank cut its overnight marginal cost of funding-based lending rate - the most competitive offering by rates - by 0.10 per cent to 8.55 per cent.

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  Dena Bank Lowers Its Lending Rate

  Ahmedabad-based Dena Bank said the one-year MCLR has been fixed at 9.40% while the most competitive overnight MCLR is 9.15%.

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  IISL Launches New Index To Track Returns From Overnight Markets

  India Index Services & Products (IISL), an NSE group company, on Thursday launched a new index to measure the returns generated by market participants lending in the overnight market.

• Gold Holds Near Four-Month Low as ECB Move on Rates Awaited

  The ECB is poised to impose negative interest rates on its overnight depositors at its Thursday meeting, seeking to cajole banks into lending instead and to prevent the euro zone falling into Japan-like deflation.

• Asia forex bounces on Turkey's bold defence of lira

  Turkey followed India by tightening policy at a midnight meeting of its central bank, with the massive hike in the overnight lending rate of 425 basis points taking rates all the way to 12 per cent.

• Proposed new RBI policy rate seen reducing money market swings

  The Reserve Bank of India's (RBI) proposal to change its main policy tool to a 14-day rate from an overnight one is a move bankers expect to help them better align their lending rates with central bank decisions.

• Don't assume rates will be hiked further: Raghuram Rajan

  Repo rate was hiked by 0.25 per cent to 7.75 per cent, as was widely expected, while Marginal standing facility (MSF) rate or overnight lending rate was cut by 0.25 per cent to 8.75 per cent.

• RBI likely to cut overnight lending rate: Assocham

  The Associated Chambers of Commerce and Industry of India (Assocham) has said the arrival of kharif crops and recent stability in the rupee will help bring down inflation, and the Reserve Bank of India (RBI) is likely to take this into account and reduce the marginal standing facility (MSF) rate - at which banks borrow from it - in its upcoming pol...