Tag: interest rates
India to name new MPC members soon, dissenters from Shaktikanta Das’ rate policy team to leave before crucial meet
India’s government will appoint new external members to the central bank’s monetary policy committee by October at the latest, people familiar with the matter said,…
US Federal Reserve policymakers flag rate cuts as job market cools
Two Federal Reserve officials said they believe it’s appropriate for the US central bank to begin lowering interest rates soon, and that the pace of…
P2P platforms taking on the lender role led RBI to read the riot act
MUMBAI: The Reserve Bank of India’s (RBI) tightening of norms for P2P lenders comes after several of them were found to be having hundreds of…
Global stocks set for longest win streak of 2024. Major reasons why
European and US futures rose alongside Asian stocks, following a buoyant session on Wall Street amid bets the Federal Reserve will soon signal it’s ready…
Will home loans get costlier? SBI hikes lending rates by 10 bps: Check current home loan interest rates
Aug 15, 2024 05:54 PM IST Home loans can potentially get costlier since SBI’s three-year tenor MCLR is now 9.10%, from 9% earlier and overnight…
Banks should focus on increasing deposits as public increasingly shifts to alternate investments: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday exhorted banks to focus on their core business and explore new ways to attract deposits, as household savings are…
Interest rates on deposits, lending are deregulated; banks free to decide rates: RBI Guv Shaktikanta Das – The Economic Times Video
On August 10, FM Nirmala Sitharaman participated in a meeting with the members of the Central Board of Directors of RBI in New Delhi. RBI…
GDP growth: RBI sticks to game plan, keeps rates, stance unchanged
The Reserve Bank of India (RBI) Thursday expectedly kept interest rates and its monetary stance unchanged while making financial stability its evident policy priority, warning…
RBI leaves interest rates, stance unchanged for ninth straight time
The Reserve Bank of India (RBI) Thursday kept interest rates and its stance of monetary policy unchanged for the ninth straight review meeting amid persistent…
Will there be a recession in US? JPMorgan says 35% possibility by end of 2024
Aug 08, 2024 08:22 AM IST US recession: JPMorgan now sees just a 30% chance of the Federal Reserve keeping interest rates “high-for-long”. JPMorgan Chase…