Interest rates Archives

Evaluating the Imperative for Enhanced Measures to Curb Unsecured Lending: Insights from RBI Governor Shaktikanta Das

In a recent statement, Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the necessity of assessing whether additional measures are warranted to decelerate the surge in unsecured lending by banks and

June 7, 2024

Latest News

Indian Government Bond Yields Set to Rise in Tandem with US Treasuries

Indian government bond yields are anticipated to follow the upward trajectory of US Treasury yields in early trading on Thursday. This shift comes as the market closely observes the response to the

May 30, 2024

Business

SBI Increases Short-Term Retail FD Rates Amid Strong Credit Demand

The State Bank of India (SBI) has announced a hike in interest rates on retail term deposits by 25-75 basis points for deposits up to one year, effective from May 15, 2024.

May 16, 2024

Latest News

Russian Central Bank Keeps Interest Rates Steady at 16%, Adjusts Inflation Forecast Upwards

Russia’s central bank has opted to maintain its key interest rate at 16% for the third consecutive meeting, reflecting concerns about persistent inflation and economic challenges. However, it has revised its inflation

April 26, 2024

Latest News

India Divided: MPC Members Varma, Goyal Disagree on Timing of Rate Cuts to Fuel Growth

India’s monetary policy committee (MPC) is facing a crucial decision regarding interest rates as the nation aims to propel its economy towards its potential growth. Interviews with two external members, Ashima Goyal

April 23, 2024

India·Latest News

India’s Interest Rate Outlook for FY24-25: Analysis by Morgan Stanley

In a recent analysis by Morgan Stanley, economists Upasana Chachra and Bani Gambhir indicated that interest rate cuts in India for the fiscal year 2024/25 are now “off the table.” This assessment

April 17, 2024

India·Latest News

Central Banks Stand Firm: ECB Keeps Rates Unchanged Amidst Global Rate Cut Speculations

The European Central Bank (ECB) opted to maintain its key interest rate benchmark, indicating a cautious stance amidst debates over the appropriate timing for rate cuts worldwide. Despite mounting pressure to stimulate

April 12, 2024

Latest News

India’s Retail Inflation Softens to 5.09% as IIP Shows 3.8% Growth in January

India’s economic landscape in January 2024 presents a mixed picture as retail inflation sees a slight easing while industrial growth showcases a modest rise. Despite the positive developments, challenges persist in aligning

March 13, 2024

Business