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  2. List of countries by commercial bank prime lending rate

    en.wikipedia.org/wiki/List_of_countries_by...

    prime lending rate Date of information 1 Madagascar: 64.00: 31 December 2017 est. 2 Brazil: 10.50: 08 May 2024 3 Congo, Democratic Republic of the: 35.90: 31 December 2017 est. 4 Syria: 33.30: 31 December 2017 est. 5 Gambia, The: 30.60: 31 December 2017 est. 6 Tajikistan: 30.00: 31 December 2017 est. 7 Ghana: 8 Mozambique: 27.00: 31 December ...

  3. List of sovereign states by central bank interest rates

    en.wikipedia.org/wiki/List_of_sovereign_states...

    This is a list of countries by annualized interest rate set by the central bank for charging commercial, ... India: 6.50 0.25: 8 February 2023 [45] 4.70 1.80

  4. Monetary Policy Committee (India) - Wikipedia

    en.wikipedia.org/wiki/Monetary_Policy_Committee...

    The committee comprises six members – three officials of the Reserve Bank of India and three external members nominated by the government of India. They need to observe a "silent period" seven days before and after the rate decision for "utmost confidentiality". The governor of the Reserve Bank of India is the chairperson ex officio of the ...

  5. External commercial borrowing - Wikipedia

    en.wikipedia.org/wiki/External_Commercial_Borrowing

    The DEA (Department of Economic Affairs), Ministry of Finance, Government of India along with Reserve Bank of India, monitors and regulates ECB guidelines and policies. Most of these loans are provided by foreign commercial banks and other institutions. During the 2012, contribution of ECBs was between 20 and 35 percent of the total capital ...

  6. MIBOR (Indian reference rate) - Wikipedia

    en.wikipedia.org/wiki/MIBOR_(Indian_reference_rate)

    In the mid 1990s, the Committee for the Development of the Debt Market had studied and recommended the development of a benchmark rate for the call money markets in India. Accordingly, National Stock Exchange of India (NSE) developed and launched the NSE Mumbai Inter-Bank Bid Rate ( MIBID ) and NSE Mumbai Inter-bank Offer Rate (MIBOR) for the ...

  7. Monetary policy of India - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy_of_India

    The Reserve Bank of India Act, 1934 (RBI Act) was amended by the Finance Act, 2016, to provide a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective of growth. The Monetary Policy Committee is entrusted with the task of fixing the benchmark policy rate ...

  8. State Bank of India - Wikipedia

    en.wikipedia.org/wiki/State_Bank_of_India

    State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]

  9. Scheduled Banks (India) - Wikipedia

    en.wikipedia.org/wiki/Scheduled_Banks_(India)

    Structure of the organised banking sector in India. Scheduled Banks in India refer to those banks which have been included in the Second Schedule of Reserve Bank of India Act, 1934 . [ 1 ] Reserve Bank of India (RBI) in turn includes only those banks in this Schedule which satisfy all the criteria laid down vide section 42(6)(a) of the said Act.