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Lending Rates
Business  /  Published 07.05.20

SBI launches special FD scheme for senior citizens

The country's largest lender State Bank of India on Thursday slashed benchmark lending rate by 0.15 basis points and introduced special deposit scheme for senior citizens with higher interest rate.To ...
By PTI in New Delhi

India  /  Published 06.02.20

RBI keeps lending rate unchanged at 5.15%

The Reserve Bank of India on Thursday opted for a status quo on benchmark interest rate after the Union Budget for 2020-21 slipped on fiscal deficit target and there were signs of hardening inflation ...
By PTI in Mumbai

Business  /  Published 02.01.20

Bank of Baroda co-lend with JM Financial

Bank of Baroda (BoB) on Thursday entered into a co-lending agreement with JM Financial Home Loans Ltd (JMFHL) to offer loans to homebuyers.The tie-up is expected to create an effective lending model b...
By Our Special Correspondent in Mumbai

Business  /  Published 08.11.19

SBI cuts lending rates

The State Bank of India on Friday reduced its lending rate by 5 basis points across all tenors, effective from November 10.The one-year MCLR, to which most of its loan prices are linked, will come dow...
By PTI in Mumbai

Business  /  Published 09.09.19

SBI lowers lending rates by 10 bps for 5th time since April

To cash in on the forthcoming festive seasons and to better utilise the excess liquidity, State Bank of India announced the fifth rate cuts on Monday by another 10 basis points across tenors, effectiv...
By PTI in Mumbai

Opinion  /  Published 11.06.19

Shabby treatment for retail borrowers

Banks seem to have baulked at the prospect of cutting lending rates in lockstep with the Reserve Bank of India, which has trimmed its policy repo rate by 75 basis points in three tranches this year to...
By The Editorial Board in

Business  /  Published 02.06.19

Liquidity lax tops rate cut in priority

As the RBI’s monetary policy committee begins its three-day meet from Monday, the focus will be as much on a rate cut as on measures taken to inject more liquidity into the system.The tepid GDP numb...
By Our Special Correspondent in Mumbai


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