The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1938 as compared to the previous day's fix of 7.1963 and 7.2085 Reuters estimate.

Indian interbank call market shows signs of revival, crucial for monetary policy, despite competition from other funding ...

While overall money-market turnover has risen to an average $70 billion a day, interbank trades account for just 2 per cent ...

India Ratings and Research (Ind-Ra) has reported moderate growth in India’s primary corporate bond and commercial paper (CP) ...

India’s forex reserves witnessed a rare dip as they fell by USD 2bn to USD 686 bn. It was largely driven by a drop in Gold ...

Central banks aim to reduce excess liquidity to where reserve demand curves begin to slope upward. But the naming of their ...

As per RBI’s latest data release, credit growth dipped sharply in April. From 10.9% YoY growth at the beginning of April, it ...

Yes, absolutely. Moving to a repo rate-linked loan is better from a long-term perspective. Additionally, we are looking at a softer interest rate regime going forward. You can expect quicker and ...

Despite a reduction in the policy repo rate in February, deposit rates of banks have inched up, while there was some cooling off for the lending rates, latest data released by the Reserve Bank of ...

Canara Bank and Indian Bank have announced reductions in their lending rates, a decision influenced by the Reserve Bank of India's (RBI) recent cut in the repo rate from 6.25% to 6.00%.

Economists expected that inflation would be between 2.9% and 3% and were surprised that it decreased to 2.7% in March. The news that inflation was the lowest in almost five years in March now has ...