Raghuram Rajan RBI Governor

RBI rate cut expected to prompt bankers to lower lending rates

RBI has made a surprise cut in repo rate by 25 basis points to bring it down to 7.50 percent. The move could be just what the doctor ordered. RBI governor Raghuram Rajan is confident that commercial banks will respond positively to the repo cut and cut their lending rates. Mar 5, 2015
rba-surprises-on-interest-rate-hold

RBA surprises on interest rate hold

EDITORS' NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIALS Investors' hopes for a rate cut down under dashed. The Reserve Bank of Australia held interest rates steady after cutting to a record low of Mar 3, 2015