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EMIs to go up as SBI hikes lending rate by 10 basis points across tenures

The change will be effective June 15 and will result in higher EMIs for borrowers with loans linked to MCLR.

The State Bank of India (SBI) office building is pictured in Kolkata, India.(Reuters)
Published on Jun 15, 2024 09:50 AM IST

China central bank cuts benchmark lending rate to boost economy: Explained

In January, consumer prices fell at their quickest rate in more than 14 years, piling pressure on the government for more aggressive moves.

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China.(Reuters)
Published on Feb 20, 2024 07:36 AM IST
AFP |

RBI keeps repo rate unchanged at 6.5%; Das says ‘war against inflation not over’

Among key projections, the central bank has projected the country’s real (inflation adjusted) GDP growth at 6.5% in 2023-24

Reserve Bank of India governor Shaktikanta Das. (PTI Photo)
Updated on Jun 08, 2023 10:37 AM IST
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