Banks look to shift focus to MCLR-linked loans ahead of rate cuts to protect margins
Amid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest margins from falling sharply when the RBI cuts the repo rate. This strategy ...
Opinion
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Streamline currency and coinage system to reduce confusion
The circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency would improve efficiency Presently there are three sizes each in coins of ...
Rupee slumps 40 paise in a day, hits record low of 87.49/$
MUMBAI: The rupee fell to a record low of 87.49 on Wednesday before closing at 87.47, down 40 paise in a day, amid expectations of a rate cut by RBI. Despite a weaker dollar index and lower global oil ...
Pirates Sign Former Royals Outfielder
The Pirates have made few free agent signings this offseason, but added some depth to their outfield for 2025. Katie Woo and ...