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Wait-and-see ECB boosts euro's strong comeback as King Dollar's crown slips

With global markets lined up for quick-fire US rate cuts, the ECB signalled heightened concerns about volatile inflation, helping to sustain an upward shift for the euro

ECB keeps interest rates unchanged, offers no guidance on next move

ECB came out with a balanced message following Thursday's meeting, arguing that corporate profits were absorbing some price pressures but risks remained

EU Central Bank rates seen firmly on hold, but door to Sept cut still open

Analysts say the rate-setting council will leave a decision on lower rates for the September meeting, after an initial quarter-percentage point cut at the June 6 meeting

India Inc files ECB intent worth $4.28 billion in May, shows RBI data

Out of this, the intent for fund raise through the automatic route amounted to $ 3.66 billion and that via approval route was $ 343.2 million, according to RBI data

Inflation down in Europe, but ECB in no hurry to cut rates further: Report

Inflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level favoured by the European Central Bank, which is in no hurry to add more rate cuts after a first tentative reduction in its benchmark rate. The figure released Tuesday was down from 2.6% in May, welcome news as inflation continues to fall from its peak of 10.6% that robbed consumers of spending power and mired the European economy in months of near-zero growth. But key indicators Tuesday remained at levels that suggest inflation may remain stuck between 2% and 3% for a while yet. Inflation in services prices ran at 4.1%, unchanged from the month before. The ECB's caution in making sure inflation is under control comes as the US Federal Reserve holds off on cutting rates from current highs. The central banks don't want to belatedly discover that inflation is more stubborn than they thought and reverse course - a mistake that would make inflation harder to wring out of the economy and ..

As global central banks consider rate cuts, inflation worries loom

Canada and the European Central Bank have been the first ones to introduce rate cuts, however, they have expressed their concerns about inflation

India Inc files ECB plans worth $4.28 bn in April, shows RBI data

The registrations for ECBs by Indian companies almost doubled to $49.2 billion in the year ended March 2024 (FY24) from $26.6 billion in FY23

ECB cuts key interest rate by 25 bps even as inflation fight continues

Inflation in the 20 countries that share the euro has fallen to 2.6% from more than 10% in late 2022, largely thanks to lower fuel costs and an easing of post-pandemic supply snags

IMF says ECB interest rate cut 'appropriate,' Fed should stay cautious

IMF spokesperson Julie Kozack also told a regular news briefing that the US economy needs to slow in 2024 and the Fed should remain cautious in cutting rates

Global central banks considering different interest-rate cut policies

ECB policymakers led by President Christine Lagarde have insisted they're comfortable plowing a separate furrow from the Federal Reserve

Plenty of room for key interest rate reductions, says ECB's Villeroy

After a first rate cute next month that Villeroy described as a "done deal", debate among ECB policymakers remains open about how fast and far to keep easing after that

ECB not in hurry to cut rates, should take measured steps after Jun: Kazaks

The ECB has all but promised a rate cut on June 6 so the discussion has shifted to how quickly its next move should come and what conditions must be met for more easing

ECB grows confident about rates cut as inflation eases, say policymakers

Euro zone inflation stood at 2.4% in April and a crucial indicator of underlying price pressures slowed while the economy staged a small rebound

Morgan Stanley expects ECB to cut key interest rates by 75 bps in 2024

Last week, the ECB held interest rates at a record high on Thursday but signaled it could start cutting as soon as June

HDFC Credila raises $100 million via ECB route for loan book expansion

Education loans-focused lender HDFC Credila Financial Services on Tuesday said it has raised USD 100 million in external commercial borrowing (ECB). DBS Bank's IFSC banking unit in Gujarat International Finance Tec-City (GIFT City) said in a statement that it led the syndicated loan. The funds will be used for growing the retail education loan franchise, it said. "We are pleased to have concluded a USD 100 million ECB transaction with DBS Bank as the lead arranger," Credila's Managing Director and Chief Executive Arijit Sanyal said. DBS Bank India Managing Director Rajat Verma said the education loan company is poised to play an important role in nurturing the country's talent by enabling access to learning for India's students. The ECB comes on the back of HDFC Bank completing the sale of its stake in HDFC Credila to private equity firms BPEA EQT and ChrysCapital in an over USD 1.15 billion deal in March this year. DBS Bank had announced the launch of its IFSC Banking Unit (IBU

ECB will have to gamble with interest rate cut before long, says Wunsch

Euro zone inflation fell in February to 2.6%, but underlying price growth remained stubbornly high, with prices for food, alcohol and tobacco up 4.0% year-on-year and for services 3.9% higher.

ECB keeps rate unchanged at 4%, may cut in June with 2% inflation in sight

The ECB's latest quarterly outlook offered strong encouragement, putting inflation at 2.3% this year and revising the 2025 forecast down to 2%. For 2026, it's still seen at 1.9%

ECB needs to start cutting interest rates soon, says Fabio Panetta

"Macroeconomic conditions suggest that disinflation is at an advanced stage, and progress toward the 2% target continues to be rapid," he said on Saturday at the annual Assiom Forex event in Genoa

NTPC to raise up to $750 mn in debt from foreign investors via ECB route

State-owned NTPC Ltd is looking to raise up to USD 750 million (about Rs 6,222 crore) in debt from foreign investors. According to the request for proposal by the company, the proposed facility is being raised under automatic route as permitted under External Commercial Borrowing (ECB) guidelines of the RBI. "NTPC is looking to raise External Commercial Borrowing (ECB) in the form of unsecured term loan...equivalent to USD 500 million plus green shoe option of EUR equivalent to USD 250 million," it said. NTPC said the bids from banks/financial institutions should be a comprehensive, unconditional, firm and fully underwritten offer for the full amount of the proposed facility. Last date to submit the bid is February 21. NTPC, under the Ministry of Power, is the country's largest power producer.

Euro zone yields drop as markets price in ECB interest rate cut in April

Some analysts reckoned that soft economic growth and inflation figures from the euro zone, due from Wednesday, could add to expectations for more ECB monetary easing