Cost of bank loans reach 27-month high on T-bills

Capital Markets Cost of bank loans reach 27-month high on T-bills Tuesday June 14 2022 Central Bank of Kenya. PHOTO PHOTO | NMG Bank lending rates hit a 27-month high in April as costs of wholesale deposits increased following competition for funds between lenders and the government, setting up costly credit for homes and businesses … Read more

Central Bank raises interest rate to tame inflation

Capital Markets Central Bank raises interest rate to tame inflation Monday May 30 2022 Central Bank of Kenya. PHOTO PHOTO | NMG The Central Bank of Kenya on Monday raised its policy lending rate by a quarter percentage point to stem rising inflation and stabilize the Shilling. The increase in the Central Bank Rate (CBR) … Read more

RBI’s policy normalization gets a leg up, say analysts

Terming the RBI’s move to shift focus on inflation management as “clearly hawkish compared to previous reviews”, economists and analysts on Friday said the monetary policy committee has hinted at the beginning of the end of the three-year regime of easy money. The six-member Monetary Policy Committee (MPC) voted to hold the benchmark repurchase or … Read more

RBI MPC: Expect no rate hikes, oil holds key to inflation, future guidance

Shanti Ekambaram During the February review, the Reserve Bank of India (RBI) kept the key interest rates unchanged and committed to an accommodative stance for as long as it is necessary to see stable growth. This was despite inflation being high and high frequency data showing economic growth trends. This time, as the monetary policy … Read more