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Colombia has no leeway to join central banks around the world that are lowering interest rates to bolster growth, according to Ana Fernanda Maiguashca
Near record-low, and even negative, interest rates have captivated investors. But are they here to stay?
for 4 years some of us have been pointing out the too high interest rates, now, everyone has suddenly realised that the rate are high!
SBI Chairman: Other banks also linking lending rate to repo rate, followed by SBI Linking to external benchmark rate to augur demand Removal of surcharge on FPI to soothe markets Measures for relief to auto sector will lift sentiments
Most PSB are now looked as value buy stocks compared to high value private banks with near zero appetite for old gen private banks; now that PSBs are asked to lend liberally linked to Repo rate (without parallel shift in cost of funds), need to see its impact on #banknifty
#Headlines at 9 pm | Government will release Rs 70,000 cr to capitalise PSU banks at one go...also nudges banks to make home and auto loans cheaper by linking their interest rates to external benchmarks
"Interest rates on retail loans including home and auto are set to ease further as #ModiSarkar2 has asked banks to launch repo rate-linked products," said FM #NirmalaSitharaman today (via @ParnikaSokhi) #Banking #Economy
Editor's Take | #Denmark's third-largest lender, #JyskeBank, introduced 10-year home loans at a negative interest rate of 0.5%. Shraddha Sharma talks to @WritesRavi to find out what negative interest rates mean and if it could be implemented in India:
Finance Minister Nirmala Sitharaman said that banks have agreed to pass on the benefits of repo rate cut to its customers and that EMI for various loans will be reduced by linking repo rates to interest rates
Banks agreed to launch repo rate-linked products, says Finance Minister
Repo rate | "Banks have decided to pass on rate cuts by RBI to borrowers and have launched repo rate or external benchmark-linked loan products," says Finance Minister Nirmala Sitharaman.
Decision on forcing Banks to pass on rate cuts may not be taken nicely They lose the pricing power as your liability position is not always in sync with the monetary policy rates She made it sound that banks suggested this Will they force to hike rates when rate cycle is up ?
#EconomyDebate | Banks to make home loan, auto loan cheaper & repo rate linked products: FM @nsitharaman
Repo rates to match with Interest rates; documents of the customers will be returned within 15 days of the loan closure, announces @nsitharaman. Watch Live:
#GovtBoostsEconomy Bks to launch loan pdts linked to repo rate Banks decided to pass on any rate cut via MCLR Release upfront Rs70,000 Cr capital for PSU banks Withdraw angel tax provision for start-ups, their investors Enhanced surcharge on domestic investors, FPIs withdrawn