Search For "lending rate"
Syndicate Bank cuts MCLR across tenors by 5 basis points
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 13 (ANI): Government-owned Syndicate Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points for various tenors effective July 15.
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Bullion industry hails Mohit Bharatiya's era of modernisation, globalisati
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India] June 21(ANI/NewsVoir): Mohit Bharatiya, the man known for introducing the country to gold lending rates and gold spot exchange, has stepped down from the presidentship of the India Bullion and Jewellers Association Ltd (IBJA).
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SBI reduces its MCLR, housing loan rates from April 10
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by the Reserve Bank of India (RBI), the State Bank of India (SBI) on Tuesday, reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps across all tenors, resulting in MCLR coming down f
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RBI meeting on lending rate from April 2 to 4
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 1 (ANI): The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India Governor Shaktikanta Das will begin its three-day meeting from Tuesday as industry leaders demand that lending rate is cut by another 25 basis points to stimulate grow
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RBI cuts lending rates by 25 basis points; GDP growth projected at 7.4 pc
Updated : 7 years, 3 months ago IST
Mumbai, Feb 7 (ANI): The Reserve Bank of India (RBI) lowered interest rates on Thursday and shifted its stance from 'calibrated tightening' to 'neutral' after factoring in sliding inflation rate.
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Bank of Baroda reviews lending rates
Updated : 7 years, 11 months ago IST
New Delhi [India], June 06, (ANI): Bank of Baroda has reviewed its benchmark lending rates i.e. marginal cost of funds based lending rates (MCLR) across various tenors.
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SBI, PNB hike lending rates
Updated : 8 years, 2 months ago IST
New Delhi [India], March 01 (ANI): The Punjab National Bank (PNB) on Thursday increased its Marginal Cost of Funds Based Lending Rate (MCLR) by 15 bps, with immediate effect.
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RBI to link base rate with MCLR
Updated : 8 years, 3 months ago IST
New Delhi [India] February 8 (ANI): The Reserve Bank of India (RBI) on Thursday said that it will link the base rate with the Marginal Cost of Funds based Lending Rates (MCLR) from April 1 to ensure expeditious transmission of its policy rate to borrowers.
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RBI need not react to bond yields, MSP for interest rate review: ASSOCHAM
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 4 (ANI): The Reserve Bank of India (RBI) should not over-react to the high yield pressures of the bond market, along with the government promising a substantial revision in the Minimum Support Price (MSP) for farmers and refrain from going in for any hike in the benchm
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ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts,
Updated : 8 years, 9 months ago IST
New Delhi [India], Feb 8 (ANI): As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the i
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DHFL reduces home loan lending rates by 50 BPS to 8.60 pct
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan 5 (ANI): India's leading housing finance company DHFL has announced that it has reduced its home loan lending rates by 50 basis points from 9.10 percent to 8.60 percent effective January 04, 2017.
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Banks cut base rates; home, corporate loans to be cheaper
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan. 3 (ANI): Housing, auto and corporate loans are all set to become cheaper as many PSUs and private banks on Tuesday steeply reduced the benchmark lending rate by up to 1.48 percent after spurt in deposits following demonetisation.
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