lending rate
We can't keep on slashing policy rates every time: Shaktikanta Das
The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.
Reserve Bank keeps benchmark interest rate unchanged at 5.15 per cent
The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.
HDFC lowers lending rates by 10 bps to 8.25 per cent
The interest rate will range from 8.25 to 8.65 percent depending on the borrower.
India central bank set to cut rates again as fiscal measures fail to cheer
With current inflation remaining benign, we expect RBI to opt for a 40 bps rate cut, said Yes Bank's Yuvika Oberoi.
IDBI Bank cuts MCLR by 5-10 bps across various tenors
The lender has reduced its one-year MCLR or the minimum lending rate to 8.95 per cent.
Allahabad Bank cuts lending rate by 5 bps
Most of the loans including housing loans are benchmarked against MCLR for one year.
RBI to cut rates again before vote; BJP victory best for economy: report
India’s growth outlook for the fiscal year ended in March was cut to 7.1 pc and 7.2 pc, respectively, from 7.3 pc.
Bank of Baroda slashes lending rate by 10 basis points
The rate cut comes a month after Reserve Bank slashed key lending rate by 0.25 percentage points to 6.25 per cent.
Union Bank reduces lending rates by 10 bps
The bank has set the new six month MCLR at 8.50 per cent and two year at 8.70 per cent.
Interest rates likely to fall after surprise cut by RBI
Depositors, however, need not worry as the banks, in their bid to garner more deposits, are unlikely to cut rates steeply.