repo rate
SBI to adopt repo rate as external benchmark for all floating rate loans
The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.
More space on monetary side than fiscal for boosting growth: Sanyal
Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand slowdown.
SBI to move RBI to offer fixed-floating rate home-loans: Chairman
Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.
RBI likely to go for further policy easing in Oct 4 meet
The central bank has already reduced the key policy rate four times in the current calendar year
RBI makes mandatory for banks to link retail loans with external benchmarks
A move aimed at ensuring faster transmission of policy rate cuts to borrowers.
IDBI Bank launches repo-linked home, auto loans
Home loans up to Rs 75 lakh with a tenure of up to 35 years will be offered at interest rate of 8.30 per cent per annum onwards.
Rate cuts not enough to re-fire damp India housing market: Report
Banking and non-banking financial companies (NBFCs) are still grappling with very large bad loans on their balance sheets.
Bank of Maharashtra to link retail loans with repo rate
The bank has already linked the housing loan interest rate with repo rate.
RBI minutes to cap yields; revives expectations for further policy easing
RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.
Link bulk deposits to repo for effective transmission of interest rates: SBI report
A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.