Indian Central Bank under the new Governor cut the key benchmark lending rate by 25 bpts to a record low of 6.25 %. (afund.com)
Fed chair Janet Yellen had done such a good job of telegraphing the central bank's intentions that even Harvard economist Lawrence Summers — the highest profile advocate for leaving America's benchmark lending rate at zero — stopped trying to sway opinion. (canadianbusiness.com)
The one - year benchmark lending rate was cut by 40 basis points to 5.6 %, and the one - year benchmark deposit rate by 25 basis points to 2.75 %. (bis.org)