Search For "lending rate"
Updated : 4 years, 6 months ago IST
New Delhi [India], March 01 (ANI): The Punjab National Bank (PNB) on Thursday increased its Marginal Cost of Funds Based Lending Rate (MCLR) by 15 bps, with immediate effect.
Updated : 4 years, 7 months ago IST
New Delhi [India] February 8 (ANI): The Reserve Bank of India (RBI) on Thursday said that it will link the base rate with the Marginal Cost of Funds based Lending Rates (MCLR) from April 1 to ensure expeditious transmission of its policy rate to borrowers.
New Delhi [India], Feb 4 (ANI): The Reserve Bank of India (RBI) should not over-react to the high yield pressures of the bond market, along with the government promising a substantial revision in the Minimum Support Price (MSP) for farmers and refrain from going in for any hike in the benchm
Updated : 5 years, 1 month ago IST
New Delhi [India], Feb 8 (ANI): As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the i
New Delhi [India], Jan 5 (ANI): India's leading housing finance company DHFL has announced that it has reduced its home loan lending rates by 50 basis points from 9.10 percent to 8.60 percent effective January 04, 2017.
New Delhi [India], Jan. 3 (ANI): Housing, auto and corporate loans are all set to become cheaper as many PSUs and private banks on Tuesday steeply reduced the benchmark lending rate by up to 1.48 percent after spurt in deposits following demonetisation.
New Delhi [India], Dec 7 (ANI): Chief Economic Advisor Arvind Subramanian on Wednesday lauded the Reserve Bank of India (RBI) for keeping the key lending rate or the repo rate unchanged at 6.25 percent.
New Delhi [India], Dec. 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept its key lending rate, the repo rate unchanged at 6.25 percent against a widely-anticipated cut of 25 basis points.