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Banking News : Interest Rate::Lending Rates

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Lending rates reduced by more PSBs and private sector banks
  More PSBs and private sector banks cut lending rates. State-run Syndicate Bank and United Bank of India on Saturday cut their benchmark lending rates by up to 0..    Read  
  By: Amit ( Source: BT, PTI)Place: New Delhi06 Nov 2015Interest Rate::Lending RatesView 
RBI Reduced Repo-Rate 0.25 %: Home Loan, Auto Loan will be cheaper
  The Reserve Bank of India cut its repo interest rate by 25 basis points to 7.75 percent in a surprise move on Thursday    Read  
  By: EktaPlace: New Delhi15 Jan 2015Interest Rate::Lending RatesView 
High Interest Rates Responsible for Rising Bad Loans: Moody
  Non-performing assets (NPA) of banks increased in India increased to 4 percent in 2013 from a low of 2.3 percent in 2011, this NPA rising due to rising interest..    Read  
  By: AmitPlace: New Delhi18 Apr 2014Interest Rate::Lending RatesView 
Bank loans to micro and small enterprise may get cheaper
  Credit Guarantee Fund Trust for Medium and Small Enterprises (CGTMSE) is considering to reduce the annual guarantee fee charged to banks, accordingly banks will..    Read  
  By: Anurag (Source: Business Lines)Place: Mumbai08 Jul 2013Interest Rate::Lending RatesView 
Bank of India reduced base rate from 10.25 to 10%
  Bank of India, a public sector lender has announced reduction in base rate by 25 bps effective from July 8.    Read  
  By: Anurag (Source: Business Lines)Place: Mumbai04 Jul 2013Interest Rate::Lending RatesView 
Bank of Baroda offered home loan at base rate
  Bank of Baroda, a public sector bank, has offered home loan to new and existing customer at base rate of 10.25%.    Read  
  By: Anurag (Source: Business Line)Place: Mumbai05 Jun 2013Interest Rate::Lending RatesView 
Corporation Bank offers vehicle and housing loan at 10.25%
  Corporation Bank, a public sector bank, has announced vehicle and housing loan on selected slabs at base rate i.e.10.25%.    Read  
  By: Anurag (Source: Business Line)Place: Mangalore01 Jun 2013Interest Rate::Lending RatesView 
Vijaya Bank reduces interest rate, waive processing charges on home loan
  Vijaya Bank, a public sector lender, has announced reduction in interest rate on housing loan, waiver of processing and documentation charges and increase in re..    Read  
  By: Raj KumarPlace: Bangalore13 May 2013Interest Rate::Lending RatesView 
Women Self Help Groups to get loan up to Rs 3 lakh at 7% interest
  Union Cabinet has approved the provision of interest subvention to Women Self Help Groups so that they will now get loans up to Rs 3 lakh at an interest rate of..    Read  
  By: Anurag (Source: Business Line)Place: New Delhi07 May 2013Interest Rate::Lending RatesView 
Bankers see no scope for reduction in lending rates immediately
  Reserve Bank of India (RBI) has announced monetary policy 13-14 on Friday declaring a cut of 25bps in repo rate and no change in CRR.    Read  
  By: Anurag (Source: Business Line)Place: Mumbai04 May 2013Interest Rate::Lending RatesView 
HDFC Bank reduces lending rates by 0.1%
  HDFC Bank, countrys second largest private sector bank announced reduction in lending rates.    Read  
  By: Anurag (Source: Business Line)Place: New Delhi29 Mar 2013Interest Rate::Lending RatesView 
DHFL Vysya reduces housing loan interest rate 0.2-0.5% from April 1
  DHFL Vysya Housing Finance, an associate company of Dewan Housing (DHFL) has announced reduction in rate of interest on housing loan for both existing and new ..    Read  
  By: Anurag (Source: Business Line)Place: Kolkata29 Mar 2013Interest Rate::Lending RatesView 
Bankers unlikely to reduce their lending rates
  Reserve Bank of India (RBI) in mid review yesterday reduced repo rate by 25 bps and CRR remain unchanged but bankers are not likely to cut their rates.    Read  
  By: Rohit (Source: Business Standard)Place: Kolkata20 Mar 2013Interest Rate::Lending RatesView 
SBI chief pitches for 50 bps cut in CRR, repo rate
  A softening in lending rates will be conducive for kick-starting the investment cycle in the country, according to State Bank of India Chairman Pratip Chaudhuri..    Read  
  By: Rohit (Source: Business Line)Place: Mumbai18 Mar 2013Interest Rate::Lending RatesView 
Allahabad Bank reduce interest rates on home loan for NRI/PIO
  Allahabad Bank has announced concession in home loan rates for non-resident Indian and person of Indian origin (NRI/PIO).    Read  
  By: Rohit (Source: Business Line)Place: Kolkata15 Mar 2013Interest Rate::Lending RatesView 
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