RBI keeps interest rates unchanged, disappoints borrowers

Last Updated: Monday, June 18, 2012, 09:10

RBI also rejected the widespread demand for reduction in Cash Reserve Ratio (CRR) to pump in more money into the banking system.

Oriental Bank slashes lending rates by up to 1.5%

Last Updated: Tuesday, May 15, 2012, 18:46

State-owned Oriental Bank of Commerce (OBC) on Tuesday slashed interest rate on home and car loans by up to 1.5 percent.

Punjab & Sind Bank cuts lending rate by 0.25%

Last Updated: Tuesday, May 1, 2012, 21:46

State-owned Punjab & Sind Bank (PSB) on Tuesday slashed lending rate by 0.25 percent, in line with other lenders.

Union Bank, Corporation Bank cut lending rate

Last Updated: Tuesday, April 24, 2012, 18:58

A day after country's largest lender SBI trimmed its fixed deposit rates, two more lenders -- Union Bank of India and Corporation Bank -- on Tuesday slashed benchmark lending rate by 0.15 percent, making loans cheaper.

Interest-rate cut won't affect profitability: ICICI

Last Updated: Friday, April 20, 2012, 16:41

ICICI Bank Ltd said Friday the lender's decision to cut its base interest rate by a quarter percentage point won't affect its profitability.

IDBI Bank cuts lending rate by 0.25%

Last Updated: Wednesday, April 18, 2012, 15:40

State-owned IDBI Bank on Wednesday announced a cut of up to 0.5 percent in lending and deposit rates, a day after Reserve Bank reduced key short-term rates.

OBC cuts lending, deposit rates by up to 0.5%

Last Updated: Tuesday, April 10, 2012, 20:38

State-owned Oriental Bank of Commerce (OBC) on Tuesday slashed base rate or minimum lending rate by a marginal 0.1 percent while fixed deposit rates on select maturities by up to 0.5 percent.

Capital goods, banking stocks shine as RBI cuts CRR

Last Updated: Tuesday, January 24, 2012, 17:35

The short-term lending rate (repo) has been kept unchanged at 8.5 percent.

Union Bank raises lending rate by 50 bps

Last Updated: Saturday, November 26, 2011, 00:30

State-owned Union Bank of India today raised lending rate by 0.5 percentage points making existing loans costlier.

Dhanlaxmi hikes base rate by 25 bps to 11%

Last Updated: Monday, September 19, 2011, 14:20

The South-based private lender Dhanlaxmi Bank on Monday became the first lender to hike its lending rate following the rate tightening by the Reserve Bank last Friday.

More banks hike lending, deposit rates

Last Updated: Saturday, July 30, 2011, 18:13

Several banks including Indian Overseas Bank (IOB), Punjab & Sind Bank and Corporation Bank have raised lending rate by up to 50 basis points in line with other lenders.

Bank of Baroda ups lending rate by 75 bps

Last Updated: Friday, July 29, 2011, 21:47

Home, auto and personal loan borrowers will have to shell out more in their EMIs as three more banks, including the second largest state-run lender Bank of Baroda, increased their lending rates by 75 basis points.