Last Updated: Tuesday, October 29, 2013, 18:21
Bankers remained ambivalent on the impact of today's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
Last Updated: Tuesday, October 29, 2013, 17:56
Housing, auto and corporate loans may become expensive with the Reserve Bank on Tuesday hiking the key lending rate by 0.25 percent to contain inflation in continuation of its hard-line stance.
Last Updated: Wednesday, October 23, 2013, 21:09
Canada maintained its key lending rate at one percent Wednesday, warning that the economy of key partner the United States is "softer than expected" and growth in emerging markets has slowed.
Last Updated: Friday, October 11, 2013, 19:51
State-owned Corporation Bank on Friday reduced interest rates on home, auto and consumer durables loans by up to 1.75 percent to cash in on the festival season demand.
Last Updated: Thursday, September 26, 2013, 21:17
The Reserve Bank is likely to increase short term lending (repo) rate by 0.5 percentage points by December in a bid to anchor inflationary expectations, DBS Bank said in a report.
Last Updated: Friday, September 20, 2013, 13:51
Soon after unveiling of the Reserve Bank's mid-quarter policy review, country's largest lender SBI on Friday said lending and deposit rates will go up in view of the festive season demand.
Last Updated: Thursday, September 12, 2013, 17:00
State-run Central Bank of India (CBI) is not planning to increase its lending rate even though it has been witnessing an uptick in cost of funds following RBI's liquidity tightening moves, a top official said Thursday.
Last Updated: Wednesday, August 21, 2013, 17:28
The private sector bank has raised interest rate on term deposits with 46-60 day maturity by 0.75 percent to 7 percent. For 61-289 days as well, the increase is by similar percentage points to 7.75 percent.
Last Updated: Monday, August 12, 2013, 22:18
SBI Chairman Pratip Chaudhuri Monday said the bank's reliance on sticky savings and long-tenor fixed deposits makes it comfortable to hold on to lending rates, which are the lowest in the system.
Last Updated: Monday, August 12, 2013, 22:12
Kotak Mahindra Bank Monday raised benchmark lending rate by 0.25 percent to 10 percent making costlier the home, auto, corporate and other loans linked with base rate or the minimum lending rate.
Last Updated: Thursday, August 8, 2013, 17:48
In what may come as a relief to borrowers, State Bank of India (SBI) Thursday said it is not considering an increase in lending rates even though some private lenders have resorted to that step.
Last Updated: Tuesday, July 30, 2013, 18:26
Banks are unlikely to increase lending rates in the near future despite recent liquidity tightening measures announced by the RBI to contain rupee fall, as demand for loans have remained weak.
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