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IDFC FIRST BANK RATE HIKE
US Market: Fed rate hike looms as hotter inflation clouds policy outlookThe US Federal Reserve is widely expected to raise interest rates by 25 basis points on Wednesday, taking the benchmark rate to 3.75%-4.00%...
Central banks turn hawkish again as oil shock stokes inflationInterest rate hikes are now a global trend, marking the longest monetary tightening since 2023. The West Asia oil shock has driven headline...
Dollar near two-week high as oil surge lifts yields, Fed hike betsStrengthening towards a two-week high, the dollar gained ground as oil prices jumped and Treasury yields rose. With a significant rate hike...
Retail inflation in August rises to 4.8%, wholesale print up 9.9%India's retail inflation reached 4.8% in August, its highest level since January. Wholesale inflation also climbed to 9.9%, driven by fuel ...
India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali seasonConsumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances,...
First-time borrowers deepen credit reach: Credit uptake among eligible Indians more than doubled to 74% in March from 35% in 2017Consumer durable loans are leading new-to-credit customers into institutional borrowing. Gold loans and microfinance also significantly con...
SBI Research, IDFC First expect rate hike in October as crude prices climb: Higher oil prices & inflation raise likelihood of policy tighteningEconomists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ong...
Dollar steady, yen near 7-month high ahead of Fed, BOJ meetingsThe dollar maintained its stability as the yen approached a peak not seen in seven months this week. With key policymakers weighing potenti...
Global interest rates are rising: Will RBI rates, home loan EMIs and investments be affected?Loans would get costlier if and when the RBI hikes interest rates. In floating-rate loans, EMIs would rise even for existing loans. However...
5 world market themes for the week aheadWith the Federal Reserve and the Bank of Japan set to make pivotal interest rate decisions against a backdrop of escalating energy prices, ...
Global Market | ECB may need further rate hikes if energy prices stay high: NagelECB policymaker Joachim Nagel said the central bank may need to raise interest rates further if elevated energy prices persist, potentially...
Global Market: Barclays expects ECB to raise rates again in December as inflation risks persistBarclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and highe...
Global Market: ECB seen raising rates as Iran war fuels inflation fearsThe European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel f...
Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check detailsCanara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on S...
IDFC FIRST Bank earns international credit rating, marking a step towards global financial marketsIDFC FIRST Bank has been awarded a BBB- Long-Term and A-3 Short-Term credit rating, underscoring its strong capital position and operationa...
RBI may not need immediate CRR hike as liquidity surplus likely to moderate: UBI ReportThe Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system's surplus liquidit...
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investorsFCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challen...
Indian bonds end flat as traders gauge RBI liquidity approachIn a cautious trading session, Indian government bonds experienced little movement as the Reserve Bank of India implemented temporary liqui...
India's central bank withdraws over 6 trillion rupees of bank liquidity after record spikeThe Reserve Bank of India absorbed more than ₹6 trillion through liquidity withdrawal operations after banking system surplus hit a record ...
Global Market: Bank of England’s Pill says early rate hike could limit future inflation pressureBank of England Chief Economist Huw Pill said an early interest rate hike could help contain rising inflation pressures and reduce the need...