RBI rate cut effect: SBI gives big relief to borrowers; slashes interest rates by up to 50 bps
State Bank of India reduced its lending rates by 50 basis points, effective June 15, 2025, lowering RLLR to 7.75% and EBLR to 8.15%. Fixed ...
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Currency watch: Rupee falls 13 paise to all-time low of 88.81 against US dollar; FII outflows, dollar strength weigh
The Indian rupee hit an all-time low of 88.81 against the US dollar, pressured by weak domestic equities and global risk-off sentiment. Foreign fund outflows ...
‘Drivers of India’s economic growth’: PSU banks post stronger credit growth; DFS Secretary push for digital services
Public sector banks are outperforming private lenders, driven by better risk assessment and loan monitoring, according to Financial Services Secretary M Nagaraju. Customers are returning ...
US jobs concern: Jerome Powell sees rising unemployment risks; Federal Reserve may cut rates twice more this year
Federal Reserve Chair Jerome Powell indicated potential further interest rate cuts this year due to a slowing US job market, suggesting two more reductions are ...
LG Electronics India’s stellar 50% premium listing: $13 billion giant more valuable than South Korean parent! Top 5 takeaways
LG Electronics India has achieved a remarkable stock market debut. The company’s shares opened with a 50% premium, significantly exceeding its issue price. This strong ...
US markets today: Stocks slip as China trade tensions flare up; tech and banking in focus
Wall Street stocks declined early Tuesday as renewed trade tensions between the US and China pressured major indices. The S&P 500, Dow Jones, and Nasdaq ...