October 04, 2017 9:43 pm
"The scope for further rate cuts in this year would be restricted to 0.25 per cent, which would materialise only if the inflation trajectory significantly undershoots expectations," said domestic rating agency Icra chief executive Naresh Takkar.
June 12, 2017 10:43 pm
Industry body Assocham said the Reserve Bank's status quo on rates has disappointed the industry
June 05, 2017 5:55 pm
Industry has been pitching for a rate cut to boost GDP growth which fell to 7.1 per cent in 2016-17, from 8 per cent in the previous fiscal.
March 22, 2016 4:56 am
The move to slash interest rates on small saving schemes along with the upcoming shift to the marginal cost of funds-based lending rate is intended to make retail rates more responsive to policy changes.
October 09, 2015 1:55 am
If a customer applies for a loan and before getting the first disbursement, there is a change in the bank’s lending rate then the previous rate will not be applicable.
October 09, 2015 12:58 pm
Investors in small savings schemes should get ready for a lower interest rate regime as inflation takes a slide and banks prune their lending rates to stay competitive.
October 02, 2015 2:53 am
As of now, the country’s largest lender State Bank of India has the lowest base rate in the banking system at 9.30 per cent.
October 02, 2015 5:49 am
A cut in the lending rates by country’s largest lender, State Bank of India, has set the ball rolling for others. This bid to provide cheaper loans would lead to a competition, where it is the customer who would emerge as the real winner.
December 26, 2015 12:09 am
Bankers sought a reduction in the interest rates on small savings schemes on fears of flight of cash from bank deposits to such schemes.
December 26, 2015 12:10 am
RBI surprised the markets with a higher-than-expected rate cut of 50 basis points on Tuesday, boosting sentiment and fuelling hope of a revival in demand. SHAJI VIKRAMAN explains the Bank’s decisions.