Bank of Baroda hikes lending rates, EMIs to get costlier
Earlier, the Reserve Bank of India (RBI) announced the status quo on the repo rate maintaining it at February level of 6.5 per cent.
Earlier, the Reserve Bank of India (RBI) announced the status quo on the repo rate maintaining it at February level of 6.5 per cent.
BoM has revised downwards its six months MCLR to 7.30 per cent from 7.50 per cent.
The move comes after the country’s largest lender SBI slashed its MCLR by 25bps.
The RBI on Wednesday hiked its key lending rate by 25 basis points to bring the repo to 6.50 per cent citing upside risks to inflation.
In its penultimate monetary policy review of the fiscal, the Reserve Bank of India (RBI) on Wednesday maintained status quo…
India’s largest lender State Bank of India (SBI) on Thursday announced reduction of interest rates on home and automobile loans…
State Bank of India (SBI) has cut is benchmark lending rate by 0.05 per cent across maturities, effective from Wednesday,…
The latest cut in savings bank interest rates by state-run State Bank of India (SBI) comes in the context lower…
In its bi-monthly monetary policy review, the Reserve Bank of India (RBI) on Thursday kept key repo rate or lending…
The ongoing sharp reduction in lending rates will not be margin dilutive for the banks but rather help them tide…
