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Tag: INTEREST RATES

International

U.S. Fed cuts interest rate for first time since 2008

August 1, 2019 - by Abdul

The United States Federal Reserve has announced that it would cut the interest rates for the first time since a decade. Fed Chairman cited global weakness, simmering trade tensions and …

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Economy

New loan pricing scheme may be put off

March 29, 2019March 29, 2019 - by Abdul

The Reserve Bank of India(RBI) may extend the deadline for banks to shift to the new loan pricing regime which was scheduled to be implemented from April 1.This new external …

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Economy

SBI links savings account, short term loan rates to repo rate

March 9, 2019March 9, 2019 - by Abdul

State Bank of India (SBI) has decided to link its interest rate on savings account with balance above ₹1 lakh and short-term loans to Reserve Bank of India’s (RBI) repo …

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