Lending Rate-cut

Showing 1 of 4 from 4 results
Lending Rate-cut - Total results - 4
RBI Monetary Policy 2019 Updates: Forensic audit on PMC Bank scam expected by month-end, says Shaktikanta Das
Business

RBI Monetary Policy 2019 Updates: Forensic audit on PMC Bank scam expected by month-end, says Shaktikanta Das

If the Reserve Bank of India (RBI) cuts the repo rate today, it would be the sixth reduction in the short-term lending rate this financial year.

RBI cuts repo rate by 25 bps to 5.15%: Central bank goes with the tide but reduction in interest rate cannot ensure pick-up in credit
Business

RBI cuts repo rate by 25 bps to 5.15%: Central bank goes with the tide but reduction in interest rate cannot ensure pick-up in credit

The most important takeaway from the RBI policy statement is the revision in GDP growth number from 6.9% to 6.1% for FY20

RBI Monetary Policy Updates: Efforts on to ensure another large NBFC does not default, says governor Shaktikanta Das
Business

RBI Monetary Policy Updates: Efforts on to ensure another large NBFC does not default, says governor Shaktikanta Das

RBI MPC LATEST Updates: RBI governor Shaktikanta Das has said that efforts are on to ensure that another large non-banking finance company (NBFC) does not default.

State Bank of India reduces lending rates by 5 bps on home, vehicle loans
Business

State Bank of India reduces lending rates by 5 bps on home, vehicle loans

With this reduction, State Bank of India's offering in home loan is the lowest in the market, bank claimed.