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Axis Bank cuts bulk deposit rates by 0.25%

Last Updated: Monday, July 27, 2015, 20:26

Country's third-largest private sector lender Axis Bank on Monday announced a rate cut of up to 0.25 percent on its bulk deposits across three different maturities.

More rate cuts needed for banks to lower lending rates: ICRA

Last Updated: Friday, July 24, 2015, 19:54

Rating agency ICRA Friday said concerns on inflation are ebbing and the Reserve Bank should slash the key rates at the forthcoming policy meet for better transmission of its moves by lenders.