SEARCHED FOR:EXTERNAL BENCHMARKING LOAN
No cheaper loans without FD rate cut: Aditya Puri, CEO HDFC Bank
Puri himself does not use a smartphone or laptop and uses his tech ‘illiteracy’ as a strength to challenge his team to come up with digital interfaces that the man on the street can use.
ETMarkets Morning Podcast: What's going to sway the markets today
Hear it out! Your daily digest of news, views and cues before you hit D-Str...
80 lakh borrowers to benefit as SBI cuts base rate by 30bps
The reduction in the base rate will benefit those borrowers who had raised floati...
Stockpicker’s dream: Many winners still out there for the canny investor
Earnings are not robust enough to justify in themselves the re-rating the market has seen. One variable that explains 90% of the rise in the market is the EM rally.
RBI group's views on loan rates not practical enough, say bankers
Lending rates should factor in that credit costs vary with loans and banks, they argue.
Enhanced all-in-cost ceiling for external commercial borrowings extended till Dec 2014
The all-in-cost ceiling includes arranger fee, upfront fee, management fee, handling/processing charges, out of pocket and legal expenses.
RBI may soon do away with MCLR
Bankers say a review is immiment as MCLR system has not reflected changes in rates.
RBI external committee called for rate cuts at June review
All members of the Reserve Bank of India's seven-member external committee recommended the central bank to cut interest rates at its June 2 review.
Bank stocks witness rally on hopes of bad loans solution
Nifty PSU Bank Index rises 3.3 per cent on hopes of an imminent solution to NPA problem following Finance Minister Arun Jaitley’s remark.
Moody’s upgrade is just a milestone in India’s development journey
To start with, the sovereign rating is an estimation of the sovereign’s ability to repay its loans.
Fantasy land is where deposits fuel an Indian loan boom
The average daily value of new investment proposals announced since the cash ban has slumped by three-fifths, according to the Centre for Monitoring Indian Economy.
Banks passed on benefits of lower rates to borrowers, shows RBI data
RBI proposed that banks should benchmark their lending rates to external rates.
Dewan Housing raises $70 million under low-cost ECB window
The tenure of the loan is for eight years and the money has been raised under the specially created ECB window for on-lending to affordable homes.
Here is why RBI is synchronising Base rate with MCLR
In effect, when a bank revises its MCLR, either upwards or downwards, the base rate will move in the same direction and by the same amount.
RBI calls for more structural reforms to restore health of banking sector
As banks have been adopting new benchmarks to price the loans, there has been an increase in shift towards non-bank sources by corporates to meet their business funding needs.