Search For "lending rate"
Lowering of interest rates need of the hour :FICCI
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan. 2(ANI): Commenting on the lending rate cuts announced by banks such as SBI, Union Bank of India and IDBI, FICCI on Monday said lowering of interest rate is the need of the hour.
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After SBI, PNB and UBI cut base lending rate by up to 90 basis points
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan 2 (ANI): A day after Prime Minister Narendra Modi asked banks to prioritize their lending towards the poor and middle class, the country's top PSU lenders such as the State Bank, PNB and Union Bank announced a rate cut in their benchmark lending rates by up to 90
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SBI cuts benchmark lending rate by 90 bps
Updated : 8 years, 9 months ago IST
New Delhi [India], Jan 1 (ANI): The State Bank of India (SBI) after experiencing a surge in deposits on Sunday announced a rate cut in lending rates by 90 basis points for maturities ranging from overnight to three-year tenure.
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Arvind Subramanian hails RBI's "brilliant call" to keep rep
Updated : 8 years, 9 months ago IST
New Delhi [India], Dec 7 (ANI): Chief Economic Advisor Arvind Subramanian on Wednesday lauded the Reserve Bank of India (RBI) for keeping the key lending rate or the repo rate unchanged at 6.25 percent.
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RBI keeps repo rate unchanged at 6.25 pct; to withdraw incremental CRR
Updated : 8 years, 9 months ago IST
New Delhi [India], Dec. 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept its key lending rate, the repo rate unchanged at 6.25 percent against a widely-anticipated cut of 25 basis points.
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