Canara Bank hikes lending rate by 50 basis points

Aug 06, 2022

Mumbai (Maharashtra) [India], August 6 : Canara Bank has decided to hike its repo rate linked lending rate by 50 basis points or 0.50...

US Federal Reserve raises interest rates by 50 basis points

Dec 15, 2022

The Federal Open Market Committee of the Federal Reserve said the new interest rates was approved unanimously. The central bank's policy rate is now...

LIC Housing Finance hikes lending rates by 50 basis points

Aug 22, 2022

Mumbai (Maharashtra) [India], August 22 : LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced 50 basis points increase...

RBI likely to further hike repo rate by 45 to 50 basis points, says Punjab and Sind Bank managing director

Nov 05, 2022

Reserve Bank of India will hike the repo rate by 45 to 50 basis points, Punjab and Sind Bank Managing Director Swarup Kumar Saha...

S&P cuts US growth forecast sharply but rules out chances of a recession

May 02, 2025

S&P Global Ratings has lowered the US GDP forecast for 2025, sharply by 50 basis points to 1.5 per cent, while raising its inflation...

Jute makers expected to see margins drop for second straight year

Jul 10, 2024

Operating margins of jute manufacturers are expected to shrink 50 basis points (100 basis point is equated to 1 percentage point) this financial year...