Latest News on Lending Rate
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Lending Rate - Total results - 23
Sep 11, 2018
Rupee not to go in for free-fall as RBI raising interest rate to avoid inflation, says former central bank governor Raghuram RajanThe rupee crashed below the 72-mark to end at a life-low of 72.45 against the US dollar on growing fears of contagion from an emerging-market rout and escalation of a global trade war.
Aug 01, 2018
Monetary Policy today: Reserve Bank of India in a tight spot, is expected to raise rates again, say expertsIn June, the repo rate or the benchmark lending rate was raised by the RBI for the first time in over four years, by 25 basis points to 6.25 percent.
Jul 05, 2018
Bank of Baroda raises lending rates by 5 bps across various tenures, effective 7 JulyBank of Baroda increased its one-year marginal cost of funds based lending rates (MCLR) to 8.50 percent.
Feb 08, 2018
RBI monetary policy review: Three reasons why MPC chose to hold repo rate at 6% on WednesdayRBI considered first advance estimate for GVA growth that central statistics office (CSO) revised down to 6.1 percent for 2017-18
Dec 27, 2017
RBI may go in for 25 bps rate cut in April to signal lower lending rate regime, says BofAML reportRBI in its fifth bi-monthly review of this fiscal had kept repo rate unchanged at 6 percent and reverse repo at 5.75 percent
Dec 04, 2017
MPC likely to hold repo rate on Wednesday on higher inflation, rising oil prices and strong GDP dataMPC had earlier, in August reduced the repo, or its repurchase rate by 0.25 percentage points to six percent.
Oct 04, 2017
RBI raises inflation target to 4.2-4.6% as global oil firms up, kharif crops remains uncertainIndia's retail inflation had swelled to 5-month high of 3.36 percent in August on the back of costlier vegetables and fruits.
Jul 13, 2017
IIP cools further to 1.7% in May: India Inc calls for lending rate cut to boost industrial activityRisks to the Indian economy continue to stem out from uncertainties in the global environment due to geo-political situations, including rising protectionism.
Apr 03, 2017
SBI cuts base rate by 0.15% to 9.10%; your car, home loan EMIs set to declineThe new rate is effective from the date the bank merged five of its associates and Bharatiya Mahila Bank
Jan 02, 2017
SBI, PNB, Union Bank slash lending rates up to 90 bps after PM Modi's moral suasionOn Saturday, the Prime Minister had asked banks to pay special attention towards the need of poor and middle class.