Average lending rates of scheduled commercial banks declining in line with repo rate cut

Jul 02, 2025

The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20 per cent in May 2025, from...

RBI conducts 7-day VRRR auction; accepts Rs 84,975 crore at 5.45% weighted average rate

Jun 27, 2025

The Reserve Bank of India (RBI) released the results of its seven-day Variable Rate Reverse Repo (VRRR) auction held on Friday.

Non-lending financial service companies are better placed than banks in a rate cut scenario: Report

Oct 07, 2024

The non-lending financial service companies are better equipped to manage the impacts of rate cuts compared to traditional lending businesses, highlighted a report by...

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...

Israel's smoking rate 30 per cent above global average, Government report finds

Jun 04, 2025

According to the 2024 Smoking Data Report, 20.5 per cent of Israelis smoke -- a rate 30 per cent higher than the global average....

Odisha records higher suicide rate than national average, suggests report

Sep 05, 2022

Odisha (India), September 5 : The suicide cases in Odisha has marked an increase of 20.20% over the last five years. The current suicide...