ECB hikes interest rates by 25 bps in fight against inflation

May 05, 2023

In light of the ongoing high inflation pressures, the Governing Council of the European Central Bank (ECB) decided to raise the key interest rates...

HDFC increases interest rates by 5 basis points

May 01, 2022

New Delhi [India], May 1 : HDFC consumers will pay a higher interest rate on loans as HDFC increased its Retail Prime Lending Rate...

SBI hikes lending rates by 10 basis points

Jul 14, 2022

New Delhi [India], July 14 : The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate...

S&P forecasts 75 basis points repo rate cut in India in 2024-25

Mar 26, 2024

S&P Global Ratings forecast rate cuts of up to 75 basis points (100 basis points is equal to 1 percentage point) in India by...

Solid domestic demand growth to continue in India for next 2 years: OECD

Sep 27, 2024

OECD has also upwardly revised India's GDP growth by 10 basis points and has pegged at 6.7 per cent in 2024-25 and by 20...

Bank of England raises interest rate by 25 bps to 4.5 pc

May 11, 2023

Bank of England's monetary policy committee hiked key interest rates by 25 basis points (100 basis points is equal to one percentage point) to...