rate cut
RBI rate cut 'not good enough', more room for reduction: Naina Lal Kidwai
RBI's 0.25 per cent rate cut was the first in 10 months and brought policy rates to near 7-year low.
HDFC Bank cuts savings account interest rate by 0.5 per cent
Customers maintaining savings account balance of Rs 50 lakh and above will continue to earn interest at 4 pc per annum.
Saving deposit rate cuts to lead to lower lending rates: report
A cut in the MCLR beyond 0.35 per cent would become a margin dilutive proposition.
Bank of Maharashtra cuts MCLR rates by 0.05-0.15 per cent from monday
Base rate remains unchanged at 9.70 per cent per annum, Bank of Maharashtra said in a regulatory filing.
Rate cut to boost private investment: Urjit Patel
The 0.25 per cent lowering of the repo rate to 6 per cent comes after a 10-month pause.
'RBI rate cut to boost housing sales this festive season'
Reduction in Repo rate will push the banks to further reduce the lending rates.
RBI to keep retail inflation near 4 pc on 'durable basis'
Retail inflation may rise in near term due to pay commission payouts and price adjustments post GST rollout.
RBI cuts key rate by 0.25 per cent; to lower home, auto EMIs
This is the first rate cut since October 2016 and the interest rate is now at 6-year low.
DBS expects RBI to cut its policy rates by 0.25 pc
Real interest rates are also high about 400 basis points compared to RBI's preference for 1.25-1.75 pc.
RBI likely to cut rate on Aug 2 as inflation hits record low
A rate cut will give a push to credit growth which has been sluggish from last many quarters.