Last Updated: Friday, June 12, 2015, 13:29
Reserve Bank has cut repo rate by 0.75 percent since January but not all banks have passed on the benefit of lower interest rates to customers.
Last Updated: Thursday, June 11, 2015, 14:59
A day ahead of a meeting between Finance Minister Arun Jaitley and top bankers, private sector lender Yes Bank today joined its peers in promising to deliver a rate cut soon.
Last Updated: Wednesday, June 10, 2015, 13:29
Gold rose for a third straight session on Wednesday, helped by a softer dollar and worries over the Greek debt crisis, but a looming U.S. interest rate increase and outflows from bullion-backed funds continued to weigh on the market.
Last Updated: Monday, June 8, 2015, 10:49
The International Monetary Fund`s deputy managing director warned on Monday that there is "considerable" risk for negative spillover from the U.S. Federal Reserve`s pending interest rate hike.
Last Updated: Friday, June 5, 2015, 23:23
The rating agency expects a higher rate hike to cause gold price to fall by 10-25 percent.
Last Updated: Thursday, June 4, 2015, 19:09
The International Monetary Fund on Thursday called on the US Federal Reserve to put off its planned interest rate increase until next year.
Last Updated: Wednesday, June 3, 2015, 22:08
Two leading banks Punjab National Bank (PNB) and Axis Bank Wednesday slashed interest rate on fixed deposits by 0.25 percent on select maturities, a move which could be seen as precursor to a cut in lending rates.
Last Updated: Wednesday, June 3, 2015, 20:50
The European Central Bank held its key interest rates steady, as expected, on Wednesday, but investors were listening for what ECB chief Mario Draghi had to say about Greece.
Last Updated: Tuesday, June 2, 2015, 19:18
Interest-rate sensitive realty, banking and auto stocks witnessed heavy selling pressure Tuesday, falling up to 8 percent, after the RBI hinted that there may not be any more cuts in the near-term.
Last Updated: Tuesday, June 2, 2015, 16:32
Australia on Tuesday kept interest rates at 2.0 percent after slashing them to a record low last month, and called for a weaker currency to help counter a sluggish economy struggling with soft business spending.
Last Updated: Saturday, May 30, 2015, 21:44
Ahead of the RBI's monetary policy review, the government on Saturday "strongly" pushed for interest rate cut saying availability of affordable credit was necessary to boost manufacturing.
Last Updated: Friday, May 29, 2015, 19:33
The new IRF, which is based on 7.72 percent central government security, started trading on the exchanges on Friday.
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