India’s central bank cuts key interest rate to 6.75%
October 7, 2015
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Business

India’s central bank cuts key interest rate to 6.75%

India’s central bank on Tuesday cut its key interest rate by half a percentage point,…

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Indian Rupee Rises as RBI Signals Rate Cuts Done for Now
October 7, 2015
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Business

Indian Rupee Rises as RBI Signals Rate Cuts Done for Now

Most banks have reduced the base rate by 25-30 bps, barring a few like State…

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IDBI Bank cuts base rate by 0.25% to 9.75%
October 5, 2015
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Business

IDBI Bank cuts base rate by 0.25% to 9.75%

In an attention-grabbing announcement, Reserve Bank of India (RBI) governor Raghuram Rajan lowered the repo…

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Axis Bank slashes base rate by 35 bps to 9.5%
October 3, 2015
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Business

Axis Bank slashes base rate by 35 bps to 9.5%

RBI cuts interest rate by 0.5% to boost growth
October 3, 2015
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Business

RBI cuts interest rate by 0.5% to boost growth

This is third rate cut by the Shikha Sharma-led bank this fiscal, following a 0.20…

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SBI leads cut, with 40bps
September 30, 2015
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Business

SBI leads cut, with 40bps

China tightens Forex trading rules in attempt to support the Yuan
September 5, 2015
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World

China tightens Forex trading rules in attempt to support the Yuan

“It will test 6.5 a dollar by year-end”. Outstanding medium-term lending facilities stood at 490…

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