Last Updated: Friday, July 19, 2013, 15:20
State-owned Oriental Bank of Commerce on Friday said it has put on hold its decision to cut base rate by 0.25 percent to 10 percent proposed to be effective from July 22.
Last Updated: Wednesday, February 6, 2013, 18:06
State-owned Corporation Bank on Wednesday reduced benchmark lending rate by 0.25 percent to 10.25 percent, making loans including home and corporate cheaper for borrowers.
Last Updated: Tuesday, February 5, 2013, 20:18
HDFC, the country's largest mortgage company, on Tuesday reduced benchmark lending rate by 0.1 per cent, making loans cheaper for home loan borrowers.
Last Updated: Tuesday, February 5, 2013, 16:06
The Reserve Bank of Australia (RBA) announced at its board meeting Tuesday that it decided to leave the cash rate unchanged at 3 percent.
Last Updated: Thursday, January 31, 2013, 12:33
Country's second largest lender Punjab National Bank (PNB) on Thursday cut its lending rate by 0.25 percent, a development which will make auto, home and corporate loans cheaper.
Last Updated: Wednesday, January 30, 2013, 20:52
Country's largest lender State Bank of India (SBI) Wednesday cut lending rate by 0.05 percent, a day after the Reserve Bank cut its key policy rates.
Last Updated: Friday, January 25, 2013, 20:08
The Reserve Bank is likely to reduce short-term lending rate (repo) by 25 basis points (0.25 percent) in next week's monetary policy review in view of the recent decline in inflation, rating agency Icra said on Friday.
Last Updated: Wednesday, December 19, 2012, 00:04
Bankers are expecting a 0.5 percent reduction in key short-term lending rate by RBI in January after the central bank's policy review kept rates unchanged, but gave sufficient hints of a rate cut next month.
Last Updated: Wednesday, November 14, 2012, 18:04
Inflation on Wednesday declined marginally to 7.45 percent in October, from 7.81 percent in September, despite the fuel price increases in mid-September, which were not fully reflected in the previous month's inflation number.
Last Updated: Tuesday, September 18, 2012, 23:24
Acting on RBI's cue, State Bank of India Tuesday reduced the minimum lending rate by 0.25 percent, giving relief to all types of borrowers.
Last Updated: Friday, June 29, 2012, 18:50
The base rate, or the minimum lending rate, of HDFC Bank will become 9.8 percent from the existing 10 percent.
Last Updated: Friday, June 22, 2012, 17:16
Oriental Bank of Commerce (OBC) today announced 0.25 percent cut in lending rate on export credit in response to RBI increasing the export re-finance limits of banks to 50 percent.
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