OSLO, May 29 (Reuters) - Norwegian retail sales surged past all expectations in April and the unemployment rate unexpectedly fell, indicating the economy's resilience in the face of the oil sector's crash and making a rate cut next month less certain.
MUMBAI, May 28 (Reuters) - Indian bankers say the Reserve Bank of India should take steps to boost liquidity in addition to delivering a widely expected interest rate cut next week if it hopes to see lower lending rates and a pick-up in credit growth.
* Thai banks under pressure to cut rates (Recasts with Bangkok Bank rate cut )
BANGKOK, May 26 (Reuters) - Bangkok Bank, Thailand's largest lender by assets, has cut all lending rates by 125-250 basis points after the central bank lowered its policy rate in April and following cuts by three other major banks.
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BANGKOK, May 20 (Reuters) - Thailand's third largest lender by assets, Siam Commercial Bank PCL, said it would cut key lending rates by 10 to 30 basis points (bps) on Thursday, after a policy rate cut by the Bank of Thailand in April, aimed at stimulating the economy.
SYDNEY, May 20 (Reuters) - A measure of Australian consumer sentiment surged in May as people's outlook on the economy brightened following this month's interest rate cut and after the government unveiled a budget that included a surprise tax break for small businesses.
SHANGHAI, May 15 (Reuters) - Chinese money rates fell sharply on the week, tracking one-year lending and deposit rates down after the central bank's 25-basis-point cut to the benchmark one-year lending rate on Sunday. The benchmark seven-day repurchase agreement rate (repo) was at 1.88 percent mid
net interest income by 11% on an improved net interest margin of 2.08% driven by lower funding costs and additional rate cut on the saving accounts. Fees and commission gained steam, increasing by 22% driven by higher AUM fees and higher fees
MUMBAI, May 13 (Reuters) - Beaten-down Indian shares rose more than 1 percent on Wednesday in a volatile session, led by gains in financial stocks after soft inflation and industrial output data stoked hopes of an interest rate cut .