India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It ...

Banks are expecting increased M&A activity across the financial sector, but are concerned about acquisition by credit unions ...

This marked the first rate reduction from the central bank in almost five years and this decision will translate into reduced ...

Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...

The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...

But it is still to be seen how banks respond to this RBI rate cut and how soon they give relief to home and personal loan ...

A report by PwC predicts a revival in the US banking industry due to a pro-business policy expected from the Republican government.

A report by PwC predicts a revival in the US banking industry due to a pro-business policy expected from the Republican ...

CBK Monetary Policy Committee (MPC) urged commercial banks to reflect the base interest rate change in their loan interest rates, failure to face a penalty.

Net Interest Income increased $3.4 million, or 3.8%, to $91.8 million for the year ended December 31, 2024, from $88.4 million for the year ended ...

The CBK lowered the Central Bank Rate to 10.75% and the Cash Reserve Ratio to 3.25% to boost credit access, urging banks to ...

Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong ...