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State Bank, HDFC Bank cut base rates by 15 bps to 9.85%

The move comes just a few hours after the RBI decided to maintain status quo on policy rates due to the fact that banks hadn't transmitted the benefit of the previous two rate cuts earlier this year into their lending rates.
Forex - Euro sharply lower after SNB abandons cap, cuts rates

Forex - Euro sharply lower after SNB abandons cap, cuts rates
ECB cuts rates to new low after inflation tumble

The 23-man Governing Council had faced intense market scrutiny in the run-up to Thursday's decision after a shock slump in euro zone inflation to 0.7 percent in October - far below the ECB target of just under 2 percent.

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Cuts Rates

State Bank, HDFC Bank cut base rates by 15 bps to 9.85%

Forex - Euro sharply lower after SNB abandons cap, cuts rates

ECB cuts rates to new low after inflation tumble