RBI cuts repo rate by 25 bps to 6.50, CRR unchanged at 4%
The Reserve Bank of India (RBI), at the first bi-monthly monetary policy meeting of the fiscal year, cuts its policy repo rate by 25 basis...
Tag : Rate Cut
Reliance Capital has cut lending rates by 25 basis points
Reliance Capital has announced a 0.25 percent cut in its prime lending rates, effective for its home and commercial loans. K V Srinivasan, CEO, Reliance...
ICICI Bank announces reduction in base rate by 0.05 percent
ICICI Bank has announced a reduction of 0.05 percent in its base rate effective from June 26, 2015. The revised rate is 9.70 percent against...
Axis Bank announces deposit rate cut by up to 0.20%
After the Reserve Bank’s policy announcement, the private sector lender Axis Bank has on Wednesday announced a deposit rate cut of up to 0.20 percent....
After HDFC and SBI, ICICI Bank also reduces home loan rates
India’s largest private sector lender the ICICI Bank has reduced home loan interest rates by 25 basis points for all existing and new customers. After...
HDFC announces to cut loan rates by 20bps to 9.9%
HDFC has cut Retail Prime Lending Rate (RPLR) by 20 basis points (bps) to 9.9%. The reduction in the RPLR will also be applicable on...