After RBI push, DCB Bank lowers lending rates
While MCLR has been reduced by up to 0.5 percent, the base rate has been cut by 0.06 percent.
Apr 26, 2016, 14:57 PM IST
New lending rate system will perhaps take 6 months or more to work: Deepak Shenoy
Deepak Shenoy, market expert and founder of Capital Mind, talks about the current fiscal scenario and effect of the recent RBI rate cut on the Indian economy
Apr 14, 2016, 14:23 PM IST
Axis Bank lowers lending rate by 15 bps to 8.95%
Axis Bank, the third largest private sector lender, on Tuesday announced a cut in its lending rate by 0.15 percent to bring it at par with its larger rivals.
Apr 12, 2016, 20:36 PM IST
Vijaya Bank cuts term deposit interest rates by 0.25%
The reduction in deposit rates will be?applicable for term deposits of different slabs from 91 days?to above five years maturity, it said in a release.
The new deposit rates will be effective April 12, it said.
Apr 12, 2016, 16:00 PM IST
UCO Bank revises lending rates based on marginal cost
Public sector lender UCO Bank has revised lending rates based on marginal cost of funds with effect from April 1
Apr 03, 2016, 17:22 PM IST
Short-term loans to become cheaper with new lending rate formula
short-term loans are bound to get cheaper as banks shift to new lending rated which are effective from Friday
Apr 01, 2016, 17:12 PM IST
Interest rate to be based on marginal cost of funds from Apr 1
To ensure better transmission of its rate cuts to borrowers, RBI on Thursday said all banks will have to follow a new and uniform methodology from April next year to calculate base rate as per the marginal cost of funds.
Dec 17, 2015, 20:10 PM IST
