Fixed rate loans up to 3 years to be based on marginal cost: RBI
From next month, all banks will follow Marginal Cost of Funds based Lending Rate (MCLR) system, a new uniform methodology which will ensure fair interest rates to borrowers as well as to banks.
Mar 29, 2016, 20:14 PM IST
Cut in small savings rates 'win-win' for govt, banks: Nomura
The Centre's move to slash interest rates on all small savings schemes, is a "win-win" for the government and the banks, leading to a better monetary policy transmission, says a Nomura report.
Mar 21, 2016, 15:39 PM IST
New RBI norm for rate calculation credit positive: Moody's
To improve transparency and ensure speedier monetary policy transmission, RBI last week said that from next April, all banks will have to follow a new uniform methodology for calculation of base rate on the basis of the marginal cost of funds.
Dec 21, 2015, 18:53 PM IST
Business sentiment in India subdued for 2nd quarter: D&B
The underlying business sentiment remains subdued for the second quarter of this calender year amid concerns about effective implementation of key economic reforms, says a Dun & Bradstreet study.
Apr 14, 2015, 14:38 PM IST
