Headline indices were deep in the red on Monday, led by a fall in IT shares after their disappointing result. Meanwhile oil & gas and FMCG shares traded in the green. The thirty-share BS… Read More
The World Bank on Thursday cut India's economic growth forecast by a percentage point, to 6.5% from 7.5%, according to its Regional Economic Updates. It joins a legion of institutions s… Read More
The RBI on 27 March had slashed the repo rate by 75 bps to stimulate growth, following which, banks lowered their lending rates and deposit rate.
The Reserve Bank of India has cut key&nb… Read More
The Reserve Bank on Friday cut its key rates by 0.25 per cent to boost economy from six-year low saying reduction was necessary to revive growth.
With first quarter GDP growth plung… Read More
MUMBAI: State-run Bank of Baroda (BoB) on Saturday announced a 15 basis points reduction in its repo-linked lending rate to 6.85 per cent from 7 per cent earlier, effective November 1. Th… Read More
The Chinese yuan is mixed against multiple currency competitors to start the trading week. The People’s Bank of China (PBoC) joined the tidal wave of...The post Chinese Yuan Mixed As P… Read More
In a move to bring its home loan interest rates closer to some of its public-run peers, India’s largest mortgage lender, State Bank of India (SBI), has lowered the interest rate to 6.8… Read More
In a surprise move, the Reserve Bank of India on Friday slashed the benchmark lending rate by 40 basis points to mitigate the impact of COVID-19 crisis.In an off-cycle meeting of the Monetar… Read More
China’s central bank on Monday cut an interest rate on loans to banks by the largest margin in five years and injected 50 billion yuan ($7 billion) into the financial system to help th… Read More
RBI slashes growth estimate to 6.1%, brings down interest rate to decade low
In a clear admission about the poor health of the economy, the Reserve Bank of India (RBI) on Friday slashed i… Read More
The Coronavirus pandemic has forced banks in India to bring home loan interest rates to a record 15-year low, in a bid to boost consumer sentiments, at a time when the economy has been sever… Read More
Good Morning All.☕ 09.06.2020: Today's Banking / Financial News at a Glance🍒 A PSU banker’s dilemma: Ready to lend, but where are the takers? : Recently, State Bank of In… Read More
NRIs may be steadfast patrons of property investments in India, but the current COVID-19 crisis has toppled economies and personal finances worldwide and NRIs are not immune.
Many NRIs… Read More
COVID-19 is proving to be the worst pandemic the world has seen in a century. After Prince Charles, the next in line to the British throne, tested positive for the novel coronavirus, the UK… Read More