IDBI Bank cuts lending rate by up to 0.25%
State-run IDBI Bank on Tuesday cut its marginal cost of funds based lending rate (MCLR) by up to 0.25 per cent, further establishing the downward trend in interest rates due to the excess liquidity.
May 09, 2017, 23:47 PM IST
PNB revises down lending rate by 0.10-0.15%
Public lender Punjab National Bank has revised down marginal cost based lending rates by 0.10- 0.15 per cent for various maturities effective Monday.
May 01, 2017, 16:43 PM IST
PNB revises down MCLR by 0.10-0.15% from today
Public lender Punjab National Bank has revised down marginal cost based lending rates by 0.10- 0.15 per cent for various maturities effective Monday.
May 01, 2017, 16:42 PM IST
SBI cuts base rate by 15 bps, with effect from April 1
Bringing cheer to customers who have raised loans prior to April 1, 2016, the largest public lender State Bank of India (SBI) cut its base rate by 15 basis points (bps) to 9.10 per cent with effect from April 1, 2017.
Apr 03, 2017, 16:57 PM IST
Karnataka Bank revises MCLR
The overnight MCLR will be 0.50 percent less at 8.40 percent while for one month loan, it is being reduced by 0.55 percent to 8.45 percent, the bank said in a BSE filing.
Apr 01, 2017, 20:25 PM IST
Loans to be cheaper as Axis Bank cuts MCLR by up to 0.70%
Loans will soon be cheaper as country's third largest private sector lender Axis Bank on Friday cut its interest offering by up to 0.70 per cent. The latest rate cut is being seen as a move following similar moves by all the major players in the system due to high liquidity post demonetisation.
Jan 13, 2017, 16:43 PM IST
Reports on the options for cheap home loans
Reports on the options for cheap home loans. Watch this special segment and get to know more here.
Jan 13, 2017, 13:27 PM IST
NBFC's getting benefit after cut in MCLR
NBFC's getting benefit after cut in MCLR. Watch the complete news story to get detailed updates on the stock market, shares and their recent trends, updates on the market!
Jan 05, 2017, 14:19 PM IST
PNB reduces MCLR by 70 bps with effect from Jan 1
After SBI, Punjab National Bank (PNB) has slashed its overnight Marginal cost of funds based lending rate (MCLR) by 70 bps to 8.20 per cent.
Jan 01, 2017, 21:01 PM IST
State Bank of India cuts lending rate by 0.9% across maturities
State Bank of India, the country`s biggest lender by assets, 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.
Jan 01, 2017, 14:47 PM IST
IDBI Bank reduces MCLR for various tenors
State-run IDBI Bank on Friday said it has reduced its marginal cost of funds based lending rate (MCLR) for various tenors, effective from January 1.
Dec 30, 2016, 20:49 PM IST
Axis Bank cuts lending rates by up to 0.15%
Country's third largest private lender Axis Bank Friday announced up to 0.15 percent reduction in its lending rates, signalling a further downward trend in borrowing costs.
Dec 16, 2016, 21:22 PM IST
Demonetisation impact: Bank of Baroda cuts lending rate by 0.2%
As banks continue to be flushed with deposits thanks to demonetisation move of the Modi government, state-owned Bank of Baroda has cut benchmark lending rates by 0.2 percent.
Dec 06, 2016, 18:45 PM IST
PNB, South Indian Bank lower lending rates for December
Punjab National Bank has cut the marginal cost of funds based lending rate (MCLR) by 0.05-0.10 percentage points for December across maturities of various tenors.
Nov 30, 2016, 21:51 PM IST
Axis Bank cuts cost of lending rate by 0.15-0.20% from Friday
Private sector Axis Bank on Wednesday announced a cut in its marginal cost of fund-based lending rate (MCLR) by 0.15-0.20 percent effective coming Friday.
Nov 16, 2016, 19:10 PM IST
BoB cuts MCLR rate by 10 bps across tenors
State-owned Bank of Baroda on Saturday reduced the marginal cost of fund (MCLR) based interest rates by 0.10 percentage point across different tenors with effect from November 7.
Nov 05, 2016, 21:57 PM IST
Banks agree to transmit RBI's 0.25% rate cut to consumers
In a good news for consumers ahead of Diwali, bankers today promised to swiftly pass on the 0.25 per cent rate cut effected by the Reserve Bank to borrowers, a move that would lower home, auto and corporate loans.
Oct 04, 2016, 23:12 PM IST
ICICI Bank reduces MCLR by 0.05%
Country's largest private sector lender ICICI Bank on Monday announced a 0.05 per cent reduction in its marginal cost of funds based lending rate (MCLR).
Aug 01, 2016, 15:13 PM IST
Canara Bank revises lending rates based on MCLR
Public sector Canara Bank on Wednesday said it has revised the lending rates based on the marginal cost of funds (MCLR) for May to 8.80-9.35 percent.
May 04, 2016, 17:42 PM IST
Icra sees deposit growth inching up to 10-11% in FY17
Rating agency Icra has said bank deposit is going to see a modest growth of 10-11 percent in 2016-17 helped by realignment of small savings schemes but warned that there could likely be some redemption pressure of FCNR-B deposits maturing later in the year.
May 03, 2016, 20:44 PM IST
