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interest rate cut News
interest rate cut
Ujjivan Financial Services cuts interest rates by 0.75% with effect from Oct 1
Thu, Sep 29, 2016
Microfinance institution Ujjivan Financial Services on Thursday announced an interest rate cut of 0.75% on its microfinance loans. The new rates for all microfinance loans will be effective from October 1 this year.
Global monetary easing moves hit 200th milestone since January 2015
Wed, Sep 28, 2016
Armenia does not often take the global financial spotlight but a routine rate cut by the tiny former Soviet republic this week marked a global milestone - the 200th case of policy easing worldwide since the start of last year.
RBI Governor Raghuram Rajan likely to hold interest rates on Aug 9
Sun, Aug 07, 2016
Reserve Bank Governor Raghuram Rajan is widely expected to hold the key interest rate in his last monetary policy review on Tuesday as retail inflation continues to be above the comfort zone.
RBI unlikely to cut interest rates on Aug 9: Edelweiss
Mon, Aug 01, 2016
RBI in its upcoming monetary policy meet on August 9 is likely to keep interest rates unchanged as the CPI-based inflation has stayed above the central bank's target, according to a latest research report.
Bankers can't get blanket immunity on loan decisions: Raghuram Rajan
Sun, Jul 17, 2016
Raghuram Rajan has said there cannot be an absolute "blanket sort of relief" to the bankers seeking immunity for loan decision. He added the decision about loans should be taken after carrying out the appropriate due diligence to be protected, PTI said.