Last Updated: Monday, August 31, 2015, 21:14
Axis Bank, country's third largest private sector lender, Monday cut its deposit rates, generally considered a precursor for a lending rate cut, by up to 0.50 percent across maturities.
Last Updated: Friday, August 14, 2015, 15:52
The bank has reduced base rate to 9.90 percent from 10 percent.
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.
Last Updated: Saturday, July 25, 2015, 15:39
Oriental Bank of Commerce (OBC) has reduced interest on term deposits by 25 basis points on select maturities with effect from July 27.
Last Updated: Tuesday, June 16, 2015, 18:54
The bank, which had a low share of the cheaper current and savings account deposits at 16.7 percent as of March, will offer 5 percent interest on saving bank deposits of up to Rs 5 lakh, it said in a statement.
Last Updated: Sunday, May 10, 2015, 15:11
China cut interest rates for the third time in six months on Sunday in a bid to lower companies` borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century.
Last Updated: Friday, April 24, 2015, 19:56
State-owned Bank of Baroda on Friday said it has slashed deposit rates in the range of 0.15-0.40 percent for various maturities in several brackets.
Last Updated: Thursday, April 16, 2015, 22:18
State-owned Punjab National Bank Thursday reduced interest rate on fixed deposit by 0.25 percent on select maturities, a moves which is seen as precursor to cut in the lending rate.
Last Updated: Thursday, April 16, 2015, 17:06
The Reserve Bank Thursday allowed banks to offer differential interest rates on term deposits depending on whether they are with or without premature withdrawal facility.
Last Updated: Monday, March 30, 2015, 18:58
Fixed deposit rate of maturity between 121-150 days has been revised downward to 8 per cent from 8.25 per cent earlier.
Last Updated: Thursday, March 19, 2015, 18:46
The third largest private sector lender has cut its deposit rate offerings by 0.25 percent across buckets in the 18 to 36 months window, a bank official said Wednesday.
Last Updated: Thursday, January 22, 2015, 18:28
The European Central Bank held its key interest rates unchanged on Thursday at its first policy meeting of 2015, but said it would announce new monetary policy measures later.
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