The Bloomberg Short-Term Bank Yield Index (BSBY) was created to serve as a credit-sensitive rate supplement to SOFR amid the global transition from LIBOR.

Bank Negara Malaysia lowered its overnight policy rate (OPR) by 25 basis points to 2.75% from 3.00%, where it had been since ...

India’s central bank drained 849.75 billion rupees ($10 billion) of excess cash from the banking system in its first such ...

India's overnight market rates continue to trend above the Reserve Bank of India's (RBI) repo rate as banks borrow funds to meet reserve needs and fund tax outflows when the bulk of the liquidity ...

HDFC Bank has raised its MCLR for overnight loans by 5 bps to 9.20 per cent effective February 7, 2025, ... which offsets the risks of long-term loans. Factors determining MCLR.