SBI slashes base rate by 0.15%; effective June 8

Last Updated: Tuesday, June 2, 2015, 19:50

The nation's largest lender State Bank of India Tuesday reduced its base rate by 15 basis points after the RBI cut repo rate by 25 basis points.

SBI cuts lending rate by 0.15%, effective June 8

Last Updated: Tuesday, June 2, 2015, 18:27

India's largest bank, the State Bank of India on Tuesday cut its base lending rates by 0.15 percent to 9.70 percent, to be effective from June 8.

India Inc. urges RBI to cut key lending rates

Last Updated: Sunday, May 31, 2015, 22:51

Ahead of the Reserve Bank of India's (RBI) bi-monthly monetary policy review, industry lobby Federation of Indian Chambers of Commerce and Industry (FICCI) on Sunday urged the apex bank to cut key lending rates and ease the monetary policy.

Karnataka Bank cuts lending rate by 0.25%

Last Updated: Saturday, May 30, 2015, 21:48

Private sector Karnataka Bank on Saturday cut base rate or minimum lending rate by 0.25 percent to 10.50 percent, a move which will lead to lower EMIs for its customers.

Companies look at banks for funds as bonds become expensive

Last Updated: Sunday, May 10, 2015, 14:14

Bonds rates are expected to firm up further in anticipation that the US Federal Reserve will raise rates.

Canara Bank, OBC cut lending rates by up to 0.25%

Last Updated: Friday, May 8, 2015, 21:13

Joining the rate-cut bandwagon, two state-owned lenders Canara Bank and Oriental Bank of Commerce on Friday cut base rates to 10 percent, which will lead to lower EMIs for their loan consumers.

21 banks lower lending rates after RBI rate cut: Sinha

Last Updated: Tuesday, April 28, 2015, 15:24

RBI had cut the repo rate by 0.25% in January and further by 0.25% in March.

Sundaram BNP Paribas slashes home loan rates

Last Updated: Monday, April 13, 2015, 20:47

Sundaram BNP Paribas Home Finance on Monday announced a 20-basis point cut in its interest rates to 9.95 percent from the earlier 10.15 percent.

Kotak Bank cuts base rate by 0.15% to 9.85%

Last Updated: Monday, April 13, 2015, 20:10

Private sector lender Kotak Mahindra Bank on Monday joined its larger rivals and announced a 0.15 percent cut in base rate to 9.85 percent.

RBI raises lending limit for MFIs

Last Updated: Tuesday, April 7, 2015, 21:26

The Reserve Bank Tuesday allowed Micro Finance Institutions (MFI) to lend up to Rs 1 lakh to small borrowers.

SBI cuts lending rate by 0.15%, effective April 10

Last Updated: Tuesday, April 7, 2015, 19:09

Nudged by RBI, country's biggest bank SBI Tuesday cut base lending rate by 0.15 percentage point to 9.85 percent, becoming the first major lender to ease the rate in many months.