ET EXPLAINER: What are MCLR Rates?
MCLR is the minimum interest rate, or the floor rate, that banks can charge on loans. MCLR rates are not linked to external ...
Indian central bank hikes overnight fund infusion post heavy FX intervention
India's central bank hiked the quantum of funds that it intended to inject into the banking system through an overnight ...
RBI to conduct 49-day variable rate repo for Rs 75k cr to boost liquidity
The Reserve Bank of India will conduct a 49-day variable rate repo for Rs 75,000 crore ($8.63 billion) on Friday, it said ...
BOE’s Liquidity Drain Is Lifting Key SONIA Rate Again
The UK’s most important market interest rate has been rising for the first time in almost a year, reflecting the Bank of ...
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RBI raises overnight fund infusion to support rupee
The Reserve Bank of India (NSE: BOI) (RBI) announced a significant increase in the amount of funds it plans to inject into ...
HDFC Bank raises MCLR on overnight tenure by 5 basis points to 9.20%
The country’s largest private sector lender HDFC Bank has increased its marginal cost of funds based lending rate (MCLR) on ...
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HDFC Bank hikes MLCR rate for overnight tenure by 5 bps to 9.20%, other tenures unchanged
Private lending major HDFC Bank has increased its Marginal Cost of Funds-based Lending Rate (MCLR) for the overnight tenure by 5 bps from 9.15 per cent to 9.20 per cent. This is effective from ...
Bond Traders Add Wagers on Emergency Rate Cut by Bank of Canada
Traders of Canadian short-term interest rates have begun to price in meaningful odds of an emergency cut by the Bank of ...
RBI follows budget's big tax relief with rate cuts, consumption set to get double-barreled boost
The RBI, finally uncaged the interest rate tool to take down the consumption slowdown monster.On Friday, Governor Sanjay ...
Indian central bank to infuse record overnight funds post heavy FX intervention
The Reserve Bank of India (NSE: BOI) (RBI) will pour in 2.50 trillion rupees ($28.85 billion) through an overnight variable ...
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RBI MPC Policy: Fiscally prudent Union Budget and benign inflation expectation may lead to a repo rate cut
The current benchmark repo rate stands at 6.50 percent while ... provided some breather to banking system liquidity and overnight call rates, the liquidity condition is likely to become tight ...