The third year of the coronavirus pandemic, 2022, starts on an odd note. Omicron, the contagious mutation, is storming the world, upending recoveries and economic prospects. Yet, economic policies are...

Goldman Sachs on Monday projected the US Federal Reserve to hike interest rates on four occasions in 2022. The higher rates could suck out more than expected liquidity from emerging markets such as In...

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State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said.  On the impact o...

The Reserve Bank of India (RBI) on Tuesday asked all lending institutions, including non-banking financial companies, that by November 5 they must implement the scheme of waiver of interest on interes...

Over 40 per cent of the system credit and 75 per cent of the borrowers will benefit from the interest-on-interest concession for small loans which will cost the government around Rs 7,500 crore, says ...

The Supreme Court on Wednesday directed a reluctant Centre to issue by November 2 the circular on compound interest waivers relating to the moratorium on loans offered by banks till August 31. The be...

The Bank of England has asked commercial banks whether they are ready for negative interest rates, signaling that the central bank is moving closer to cutting its key interest rate below zero. If the...

The RBI on Monday announced a bunch of measures that will loosen the liquidity tap and tamp down on interest rates amid concerns over inflation and higher government borrowing. The apex bank, thus, is...

The Reserve Bank of India’s policymakers are grappling with a stark dilemma. If they do not cut interest rates, it may be hard to kickstart a moribund economy. But inflation is ruling at 6.93 p...