Mumbai (Maharashtra) [India], August 6 (ANI): Canara Bank has decided to hike its repo rate linked lending rate by 50 basis points or 0.50 per cent to 8.30 per cent with effect from August 7.
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.
New Delhi [India], August 4 (ANI): The three-day Reserve Bank of India's monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel will go for another interest rate hike to curb rising domestic inflation.
Mumbai (Maharashtra) [India], June 20 (ANI): LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced an increase in lending rate by 60 basis points or 0.60 per cent which will lead to a jump in EMIs of the company's customers.
Mumbai (Maharashtra) [India], May 5 (ANI): The Indian stock markets' key indices, Sensex and Nifty, were trading with gains of over one per cent in the early afternoon session on Thursday, led by strong buying support in metal, IT and banking stocks as lower than expected rate hikes by the U
Mumbai (Maharashtra) [India], May 4 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by more than two per cent on Wednesday after the Reserve Bank of India (RBI) made a surprise announcement to hike policy repo rate by 0.40 per cent.