RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect
HDFC Bank has lowered its benchmark lending rates by 10 basis points across all loan tenures, effective June 7, following the Reserve Bank of India’s ...
Russia cuts interest rate by 100 bps from 20-year high; warns tight policy will stay
Russia’s central bank has lowered its key interest rate to 20 percent, a first cut since September 2022, signaling an attempt to balance economic growth ...
South Korea central bank cuts interest rates amid growing pressure from Trump’s tariff war
South Korea’s central bank has lowered interest rates to bolster its export-driven economy, responding to pressures from the US tariff war. The Bank of Korea ...
China’s central bank cut interest rates to record lows to revive grappling economy
China’s central bank has lowered key interest rates to record lows, aiming to stimulate an economy challenged by weak consumer demand and a property crisis. ...
