RBI for uniform methodology for calculating base lending rate

Last Updated: Tuesday, September 1, 2015, 23:36

To ensure effective transmission of its policy rate decisions by banks, RBI Tuesday proposed a uniform methodology for calculation of their base lending rates on the basis of marginal cost of funds.

Loans to be cheaper as HDFC Bank, Canara cut lending rate

Last Updated: Monday, August 31, 2015, 22:56

Starting a fresh round of rate cuts after repeated calls from RBI, private lender HDFC Bank and state-run Canara Bank Monday lowered their lending rates by up to 0.35 percent, a move that will make home and other loans cheaper for consumers.

ICICI to lend home loans at base rate for rural borrowers

Last Updated: Monday, August 10, 2015, 16:24

The largest private lender ICICI Bank Monday said it will offer loans of up to Rs 15 lakh at base rate -- the minimum lending rate -- in rural areas.

Ex-UBS, Citigroup trader convicted in UK of Libor rigging

Last Updated: Monday, August 3, 2015, 20:40

A trader who worked for UBS and Citigroup on Monday became the first person to be convicted by a jury in Britain of rigging the benchmark Libor inter-bank lending rate.

Yes Bank cuts base lending rate by 25 bps to 10.5%

Last Updated: Thursday, June 18, 2015, 11:52

Base rate has been cut from 10.75 per cent to 10.50 per cent, Yes Bank said in a regulatory filing to the stock exchanges.

HDFC Bank cuts lending rate by 0.15%

Last Updated: Wednesday, June 17, 2015, 19:43

Private sector HDFC Bank has cut base rate or minimum lending rate by 0.15 percent, a move which will lower EMIs for its borrowers.

Finance Minister to meet heads of PSU banks tomorrow

Last Updated: Friday, June 12, 2015, 12:37

The top 30 defaulters are sitting on bad loans of Rs 95,122 crore, which is more than one-third of the entire NPAs of public sector banks. It amounts to 36.50 percent.

Allahabad Bank cuts lending rate by 0.3%

Last Updated: Tuesday, June 2, 2015, 14:15

First off the blocks, state-owned Allahabad Bank on Tuesday cut its base rate or minimum lending rate by 0.3 percent within hours of RBI lowering key policy rate for the third time this year.

Allahabad Bank cuts lending rate by 0.30% to 14.20%

Last Updated: Tuesday, June 2, 2015, 13:15

Allahabad Bank on Tuesday cut its lending rate to 14.20 percent from 14.50 percent.

Karnataka Bank cuts lending rate by 0.25%

Last Updated: Saturday, May 30, 2015, 21:48

Private sector Karnataka Bank on Saturday cut base rate or minimum lending rate by 0.25 percent to 10.50 percent, a move which will lead to lower EMIs for its customers.

Now PNB, IDBI Bank do it, cuts lending rate by 0.25%

Last Updated: Wednesday, May 6, 2015, 19:00

Joining the rate cut spree, two public sector lenders, Punjab National Bank and IDBI Bank, Wednesday cut their base rates by 0.25 percent to 10 percent, which will lead to lower EMIs for its customers.