Page 26 - Interest Rates

HDFC raises interest rate by 5 bps; ICICI Bank raises MCLR by 30 bps

As of December 2021, a little over 39% of banking system loans are linked to the external benchmark, shows RBI data

US Federal Reserve won't flinch as labour market starts tailing off

US Fed will take the data in stride as it prepares to keep boosting interest rates and wait for a more-sustained cooling in job growth to help moderate wage gains and inflation

Chinese tech firms forced into 'blood listings' as capital dries up

Public offerings at slashed valuations could translate into losses for venture capitalists in late funding rounds

Rupee rebounds 15 paise to 77.55 on weak dollar, expected RBI rate hike

At the interbank forex market, the domestic unit opened at 77.69 against the US dollar. It moved in a range of 77.51 to 77.69 during the session

Asia stocks stifled by inflation, rising interest rates and China concerns

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3% as the region's major markets traded in the red. Oil rose and gold extended its recent gains

Markets will be in consolidation mode for some time: Manish Gunwani

From a two- to three-year perspective, the market looks reasonably rewarding after the recent correction.

MF industry's exposure to certificates of deposit up sharply since October

Industry players say banks have ramped up mobilisation via CDs in recent months amid pick-up in credit offtake

Won't hesitate to keep hiking rates till inflation tamed: Fed chair

"What we need to see is inflation coming down in a clear and convincing way, and we're going to keep pushing until we see that," Powell said Tuesday during a Wall Street Journal live event

Hike in interest rates by banks may hit housing demand: Realtors

Soon after the central bank Reserve Bank of India (RBI) raised the repo rate by 40 basis points, the banking sector imitated the same by increasing interest rates in lending and deposit schemes.

Rate hike, rise in bond yields, rupee fall to hit India Inc margins

The rate hike and the consequent rise in bond yields and upward revisions in lending rates by banks will raise companies' funding costs

Bajaj Finance raises interest rates on fixed deposits by up to 10 bps

The revised interest rates by Bajaj Finance will be applicable to fresh deposits as well as renewals of maturing deposits

Mayhem in crypto market as Bitcoin dips below $30,000-mark, investors panic

The overall global cryptocurrency market dropped 13 per cent, and was hovering around $1.37 trillion market cap, which is its lowest this year

Tightening liquidity conditions loom large over foreign flows to India

Indices tracking US financial conditions predict a sharp drop in the availability of easy money.

Real question for the RBI: When to raise the rates and by what extent

Barring external shocks of which this government has been a persistent victim since 2019, things should pan out well by April 2024

Inflation in Sri Lanka rises 29.8% in April amid crisis: Central bank

This increase was driven by the monthly increases in both food and non-food categories, according to the central bank on Friday

Fears of global slowdown hit global equities, EU stocks, commodity prices

Asian markets had suffered their worst day in over a month overnight on fears that Beijing was about to go back into a Covid-19 lockdown

Floater funds back in focus as interest rates are all set to climb

They are best suited among the bouquet debt funds to sail through volatility in debt markets, say industry players

RBI's surprise hawkish pivot spurs economists to move up rate calls

The RBI surprised markets Friday by saying it now prioritizes tackling inflation over supporting economic growth

RBI Monetary Policy Committee starts discussions on next bi-monthly policy

RBI's rate-setting panel started discussions to firm up the next bi-monthly monetary policy amid expectations that it might retain status quo on interest rate but change its monetary policy stance

Global sovereign debt to rise almost 10% to new high in 2022: Report

Governments across the world have ramped up borrowing since the Covid-19 pandemic erupted two years ago, as they tried to shield their economies from the fallout.