Search For "lending rate"
PFC-REC make further reduction in lending rates
Updated : 4 years, 4 months ago IST
New Delhi [India] January 19 (ANI): State-owned non-banking financial companies, Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 Bps.
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RBI keeps policy rates unchanged for 9th consecutive time
Updated : 4 years, 5 months ago IST
Mumbai [India], December 8 (ANI): Amid growing concern about the impact of the new strain of Coronavirus on the economy the Reserve Bank of India (RBI) on Wednesday stuck to its "wait and watch" policy keeping the key lending rates unchanged for the ninth consecutive time.
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As repo rates remain unchanged, now is the right time to invest in Bajaj F
Updated : 5 years, 1 month ago IST
Pune (Maharashtra) [India], April 9 (ANI/NewsVoir): The Monetary Policy Committee, constituted by the Reserve Bank of India and led by Shaktikanta Das, RBI Governor, decided to keep repo rates unchanged at 4 per cent on April 7, 2021. This is the fifth consecutive time the RBI kept lending r
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Ind-Ra revises PNB Housing Finance's NCDs to negative
Updated : 5 years, 2 months ago IST
New Delhi [India], March 3 (ANI): India Ratings and Research (Ind-Ra) has revised the outlook on PNB Housing Finance's (PNBHF's) non-convertible debentures (NCDs) to negative from stable while affirming the rating at AA.
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HDFC reduces prime lending rate by 20 bps to boost loan offtakes
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): Housing Development Finance Corporation (HDFC) on Friday reduced its retail prime lending rate on housing and non-housing loans by 20 basis points.
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SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): The country's largest lender State Bank of India (SBI) on Wednesday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 to 15 basis points across all tenors.
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RBI keeps repo rate unchanged at 5.15 pc, projects FY21 GDP at 6 pc
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): The Reserve Bank of India (RBI) on Thursday decided to keep its short-term lending rate unchanged at 5.15 per cent in the sixth bi-monthly policy review of current financial year 2019-20 but said that there is policy space available for future ac
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BoB, BoI reduce MCLR across tenors
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned Bank of Baroda and Bank of India have reduced their benchmark lending rates across various tenors.
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IOB reduces lending rates for retail segment from Nov 1
Updated : 6 years, 7 months ago IST
Chennai (Tamil Nadu) [India], Oct 10 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday announced a reduction in its interest rate for the retail segment (housing, vehicle, education and clean loans) as well as micro and small enterprises by 25 basis points.
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SBI reduces MCLR and interest rates on time deposits across all maturities
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
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SBI home, auto loans to become cheaper with MCLR cut by 0.15 pc
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): State Bank of India (SBI) on Wednesday announced a cut in its marginal cost-based lending rates (MCLR), a move that will make car and home loans cheaper from August 10 as these loans are MCLR- linked.
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HDFC reduces home loan rates by 10 basis pts
Updated : 6 years, 10 months ago IST
New Delhi [India], July 31 (ANI): HDFC Bank on Wednesday reduced its retail prime lending rate on housing loans by 10 basis points.
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