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Latest Articles in lending rates

SBI, ICICI Banks Raise Benchmark Lending Rate By Up To 0.2 Per Cent

The new lending rates are effective from yesterday and have increased from 7.9 per cent to 8.1 per cent by SBI and 0.15 per cent to 8.55 per cent by ICICI

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Little Scope For More Easing Of Lending Rate, Says SBI Chief Rajnish Kumar

Last week, the country's largest lender State Bank of India (SBI) reduced its lending rate for home and auto loans by 0.05 percentage point

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State Bank Of India Cuts Lending Rates, First Time In 10 Months

RBI is keen for banks to lower lending rates further to accelerate credit growth and private investment in an economy growing at its slowest in more than three years

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Lending Rate Cuts Key To Economic Recovery: Report

Lending rate cuts hold the key to recovery. They would push up demand, put idle factories to work, and spark off investment when capacity is exhausted, in our view

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Lending Rate Cuts Key To Economic Revival: Bofaml

According to Bank of America Merrill Lynch (BofAML), investment continued to slip to 27.5 per cent of GDP, from 29.2 per cent in June 2016, with high lending rates dampening demand and sustaining excess capacity

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Reserve Bank Governor Urjit Patel Nudges Banks To Reduce Lending Rates

RBI chief Urjit Patel on Saturday exhorted banks to reduce their lending rates to push credit demand in laggard segments, saying banks have benefited from influx of low-cost deposits and its previous repo rate cuts

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After PM Modi's Nudge, Banks Cut Lending Rates, Home, Auto Loans Set To Get Cheaper

Top PSU lenders State Bank, Punjab National Bank and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to priorities their lending towards the poor and middle class

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RBI To Tweak Indian Banks' Lending Rules, Raghuram Rajan Laments Slow Policy Transmission

The Reserve Bank of India will soon tweak a lending rate mechanism that commercial lenders began using last April, Governor Raghuram Rajan said on Tuesday, adding that he took a dim view of banks' failure to lower lending rates by more after past reductions in the central bank's policy rates

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SBI Sets Lending Rates Under New Rules

State Bank of India has set lending rates under new rules that are aimed at improving transmission of policy rate cuts and also making bank loans more competitive

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