which could bring the current cash rate of 4.35 per cent down to 3.6 per cent. “Banks traditionally do well when interest rates are higher; it theoretically means they’re earning more money ...

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 ...

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 ...

will stop providing dedicated text message services to banks unless the lenders settle their outstanding debts to the telcos by the close of business today. The disconnection of the Unstructured ...

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 ...

The interest rate charged by a bank on a personal loan is typically a function of several factors such as the borrower's credit score, monthly salary and current liabilities. However, each bank ...

Gold price today: According to experts, the near-term resistance for the MCX gold rate today is ₹80,500 per 10 gm, and a breakout above this level could propel yellow metal prices toward ...