bank-interest-rate - Latest News on bank-interest-rate | Read Breaking News on Zee News

Bank of Korea holds interest rate at record low

Last Updated: Thursday, July 9, 2015, 07:51

South Korea`s central bank left its benchmark interest rate unchanged at a record low of 1.5 percent Thursday, as officials monitor the economic fallout from an outbreak of the MERS virus.

Ahead of FM meet, Yes Bank feels scope of 25 bps rate cut

Last Updated: Thursday, June 11, 2015, 14:59

A day ahead of a meeting between Finance Minister Arun Jaitley and top bankers, private sector lender Yes Bank today joined its peers in promising to deliver a rate cut soon.

PNB, Axis Bank cut fixed deposit rate by 0.25%

Last Updated: Wednesday, June 3, 2015, 22:08

Two leading banks Punjab National Bank (PNB) and Axis Bank Wednesday slashed interest rate on fixed deposits by 0.25 percent on select maturities, a move which could be seen as precursor to a cut in lending rates.

ECB holds rates steady as Greece debt deadline looms

Last Updated: Wednesday, June 3, 2015, 20:50

The European Central Bank held its key interest rates steady, as expected, on Wednesday, but investors were listening for what ECB chief Mario Draghi had to say about Greece.

Deutsche's radical revamp foiled by ECB stress test

Last Updated: Tuesday, April 28, 2015, 09:02

A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said.

Deutsche Bank faces new Libor probe in US: Source

Last Updated: Tuesday, March 24, 2015, 11:40

Deutsche Bank is under investigation in New York state for rigging the Libor interest rate, a person familiar with the probe said Monday.

Can't ask banks to cut rates, competition will force them: Rajan

Last Updated: Tuesday, February 3, 2015, 18:35

With most banks yet to pass on the benefit of lower interest rates to consumers following the rate cut last month, RBI Governor Raghuram Rajan on Tuesday said the central bank cannot ask them to lower the rates, but eventually competition will force them to do so.

South Korea keeps key rate at 2% in December

Last Updated: Thursday, December 11, 2014, 11:36

South Korea`s central bank on Thursday left its key interest rate unchanged at 2.0 percent for December and warned its forecast of almost four percent growth next year would be "difficult" maintain.

Axis Bank hints at lending rate hike again

Last Updated: Tuesday, October 1, 2013, 18:29

After raising its base rate in August, Axis Bank today hinted at raising its interest rates again, citing increasing cost of funds.

Indian Bank revises interest rate

Last Updated: Friday, August 2, 2013, 15:31

Public sector Indian Bank has revised its Foreign Currency Non-Resident (Banking) term deposit interest rates with immediate effect.

Home loans: Compare bank interest rates

Last Updated: Saturday, July 13, 2013, 19:26

Let’s have a look at the interest rates on Home loan of some of the major banks of the country.

Dena Bank, Union Bank cut lending rate by up to 0.25%

Last Updated: Friday, February 8, 2013, 20:52

Dena Bank and Union Bank of India Friday reduced benchmark lending rate by up to 0.25 percent, making loans including home and corporate cheaper for borrowers.