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HDFC Bank cuts base rate by 0.35% to 9.35%; lowest in industry

Last Updated: Monday, August 31, 2015, 19:21

After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank Monday lowered its base lending rate by 0.35 to 9.35 -- the lowest in the industry.

HDFC Bank slashes base rate by 0.35%, loans to be cheaper

Last Updated: Monday, August 31, 2015, 16:56

Private sector HDFC Bank on Monday cut the base rate by 0.35 percent to 9.35 percent from the existing 9.70 percent, thereby making loans from the bank cheaper.

SBI, ICICI, HDFC Bank cut rates, EMIs set to fall

Last Updated: Tuesday, April 7, 2015, 21:08

Country's biggest bank SBI and private sector lenders ICICI and HDFC Bank late Tuesday evening cut their base rates by 0.15-0.25 percentage points, a move that could bring relief to corporate and retail borrowers.