He adds that the MPC lowered the lending rate and CRR to support economic activity whilst ensuring exchange rate stability. GovernorThugge says lenders are quick to increase when they go up but ...

NEW DELHI: Oil marketing companies on Saturday reduced the prices of commercial LPG gas cylinders, with the rate for a 19 kg cylinder being cut by Rs 7, effective from today. In Delhi, the new ...

Bank holiday today: Banks are open on the first, third, and fifth (if any) Saturdays, while they are closed on all second and fourth Saturdays and Sundays. Bank holiday today: Banks are usually ...

Three of the four major bank forecasters ... rate stuck around 4 per cent, defying more bearish forecasts. “The RBA may prove reluctant to lower interest rates given their current forecast ...

With net interest margins (NIMs) dipping across the banking sector, a potential rate cut in the Reserve Bank of India’s (RBI) February policy is likely to exert further pressure on NIMs ...

You might have even confused it with the federal funds rate or your loan’s interest rate. Though related, these aren’t all the same. The prime rate is the interest rate banks charge their best ...

You can earn up to 4.65% APY on the best CDs. Check out today's rates. Because credit unions and online-only banks are most likely to offer high-yield savings accounts, that may change how you ...

MANILA, Philippines — Philippine banks are expected ... Asia economies if policy rate cuts remain shallower than anticipated in 2025, Fitch Ratings said. In its latest commentary, the debt ...

Philippine banks will benefit should monetary authorities implement fewer policy rate cuts this year, Fitch Ratings said, as this will boost net interest margins (NIM). The debt watcher, in a report ...

That could mean two or possibly three rate decreases this year. Need a break? Play the USA TODAY Daily Crossword ... The central bank lowers rates to stimulate a soft economy and job market ...

The Central Bank kept the policy rate unchanged at 29% in November 2024. It cited some slightly elevated inflation driven by high and unstable food prices, pass-through of previous exchange rate ...

FMDQ Securities Exchange Limited has approved the registration of the Precise Lighting Limited N3.50 billion Commercial Paper (CP) Programme on its platform. FMDQ in a statement said “this CP ...