Tag: lending rate
With major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.....
The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the unabatedly high inflation rate.....
The Reserve Bank of India (RBI), in its first bi-monthly monetary policy review of 2017-18, on Thursday kept its key lending rate unchanged at 6.25 per cent, saying it awaited further macroeconomic data before making changes.....
Subdued inflation and demand prompted India's central bank, RBI, on Wednesday to reduce its key lending rate by 25 basis points (bps).....
Key Indian equity indices on Wednesday traded on a flat note during the afternoon session after the Reserve Bank of India (RBI) kept its key lending rate unchanged. ....
To curb the rise in inflation, and stabilise the general economic environment, the Reserve Bank on Thursday retained its key short-term lending rates, but maintained its growth-oriented accommodative stance. ....
India's third largest private sector lender Axis Bank on Friday said it will reduce its lending rates by 0.65-0.70 per cent across various tenures from next Wednesday following similar move by other banks after a bulk infusion of liquidity arising from the demonetisation move.....
Large lenders have smartly cut their base rates to slow down the borrowers from switching to marginal cost of fund based lending rate (MCLR) and in the process protect their margins, said investment banking firm Jefferies.....