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Bank of England divided on need for rate rise

Last Updated: Wednesday, August 20, 2014, 15:34

The BoE`s main lending rate has stood at 0.50 percent since March 2009.

RBI says easing trading rules for infra bonds will not deepen markets

Last Updated: Wednesday, August 20, 2014, 13:34

Allowing the trading of bonds issued for infrastructure lending will not help deepen debt markets, newly appointed Reserve Bank of India Deputy Governor S.S. Mundra said on Wednesday.

Bank of England keeps main interest rate at 0.50%

Last Updated: Thursday, August 07, 2014, 17:35

"The Bank of England`s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5 percent," the statement said. 

ECB holds key rate steady at 0.15%

Last Updated: Thursday, August 07, 2014, 17:33

The European Central Bank (ECB) held its key interest rates unchanged at its regular policy meeting on Thursday.

SBI ties-up with NCDEX Spot Exchange

Last Updated: Thursday, August 07, 2014, 17:20

With this initiative, SBI would reach out to more farmers for post harvest credit delivery, quickly and more efficiently.

ICICI Bank to raise at least Rs 5 bn in bonds for infra lending: Sources

Last Updated: Friday, July 25, 2014, 15:03

The deal could be expanded via a greenshoe option, the two sources said.

Banks not allowed to trade in bonds for infra lending: RBI

Last Updated: Friday, July 25, 2014, 10:31

The RBI last week allowed lenders to issue bonds for infrastructure lending, but barred the banks from holding each other`s bonds.

Bajaj Fin to exit construction equipment finance biz

Last Updated: Sunday, July 20, 2014, 12:50

The company has already stopped financing large infrastructure projects and does only a select few of them at present.

'Take in account credit info reports in lending decisions'

Last Updated: Friday, June 27, 2014, 22:18

RBI on Friday asked banks and other financial institutions to take into account 'credit information reports (CIRs)' from one or more agencies in all lending decisions and account opening.

Canada inflation rises to 2.3%

Last Updated: Friday, June 20, 2014, 18:49

The Bank of Canada considers core inflation when setting its key lending rate, which is currently at a near-record low of one 1.0 percent.

Implementation of new SLB norms will be informed later: NSE

Last Updated: Thursday, June 05, 2014, 19:03

Leading bourse NSE has said that market participants would be informed about implementation of Sebi's new norms with respect to trading in the securities lending and borrowing (SLB) segment.

Bankers rule out lending rate reduction after SLR cut

Last Updated: Tuesday, June 03, 2014, 17:53

Bankers Tuesday said the RBI's decision to hold key rates, coming after a decisive mandate received by the Narendra Modi government, was on expected lines and interest rates won't change even though the central bank's SLR cut infuses additional liquidity into the system.