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News
bank lending rates
Bank lending rates News
NBFC's
05 Jan 2017
NBFC's getting benefit after cut in MCLR
Dena Bank
01 Nov 2016
Dena Bank, SBBJ cut lending rate, effective from November 1
Two public lenders Dena Bank and State Bank of Bikaner and Jaipur (SBBJ) today cut benchmark lending rates by up to 0.1 percent.
Axis Bank
17 Oct 2016
Axis Bank cuts lending rate by 0.05% across tenors
Private sector Axis Bank has cut the marginal cost of fund based lending rate by 0.05 percent across all tenors, effective tomorrow (Tuesday).
Banks
31 Mar 2016
SBI, ICICI, PNB and others move to lending rates based on marginal cost
The new interest rates vary from 8.95 percent for overnight to 9.35 percent for three years, SBI said in a document posted on its website Thursday.
HDFC Bank
31 Mar 2016
HDFC Bank revises lending rates based on marginal cost
Private sector lender HDFC Bank Thursday revised lending rates based on marginal cost of funds, a new methodology that will take effect from April 1.
Canara Bank
05 Oct 2015
Canara Bank, 3 others cut benchmark lending rates
State-owned Canara Bank, Corporation Bank and Bank of Mysore Monday reduced their benchmark lending rates by up to 0.25 percent, making home and auto loans cheaper.
Raghuram Rajan
20 Aug 2015
Raghuram Rajan nudges banks to cut lending rates
RBI Governor Raghuram Rajan Thursday said there is a need for banks to cut their lending rates anticipating the benefits which will be accruing from the central bank's rate cuts.
companies
10 May 2015
Companies look at banks for funds as bonds become expensive
Bonds rates are expected to firm up further in anticipation that the US Federal Reserve will raise rates.
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