In a significant economic development, Mexican President Claudia Sheinbaum on Friday lauded the central bank's move to slash its benchmark interest rate by 50 basis points. Despite her approval, ...

The RBI announced a reduction in the repo rate to 6.25% on Friday, marking the first cut in almost five years. This rate represents the interest at which commercial banks can borrow from the ...

The stock markets reacted negatively to the RBI's decision to cut the policy repo rate by 25 basis points, with the FMCG index witnessing a sharp decline. According to Garima Kapoor, Executive ...

After 100bp of interest rate cuts in the latter part of 2024, the Fed held policy steady in January and suggested it was in no hurry to cut again. The recent developments surrounding tariffs are ...

European and North American customers pushed back some orders during the fourth quarter to cut down high inventories, CEO Marc Biron said during a post-earnings call, adding there had been no such ...

“Based on our estimate, we think Rs 40,000-45,000 crore would be parked in banks. This amount would be available for further lending,” Nagraju said in a post-budget interaction with Industrialist ...

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Now, let’s take a closer look at India's top 10 private banks by market capitalisation. HDFC Bank, established in 1994, is one of the top private banks in India. It is India’s largest private ...

Modi government presented its first full-year budget in his third term. Follow Bloomberg India on WhatsApp for exclusive content and analysis on India's pitch to the world. Sign up here.

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The start of the year is normally a time when Europe’s bankers wait nervously for a word on their bonuses. But weeks into 2025, some are starting to wonder if they will even have a job.

How far do the big four banks think interest rates will drop? Westpac previously expected the RBA would cut interest rates in February, but in November it - along with ANZ - pushed that prediction out ...