Personal finance takeaways from RBI's monetary policy
For the fifth consecutive time this calendar year, the Reserve Bank of India (RBI) slas...
Lending rates likely to soften on cut in repo, MCLRs: Kotak
The report said that weighted average term deposit rates have started to decline.
Bank of Baroda lowers repo-linked retail loan pricing by 25 bps
The new rates will be applicable on home loans, mortgage loans, car loans, ed...
RBI cuts repo rate by 25 bps to 5.15%, maintains accommodative stance
The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday slashed the short-term lending rate, repo rate, by 25 ...
Jefferies questions feasibility of repo link to lending rates
Low ‘product profitability’ in home loans for banks like SBI will not allow rates to go down much.
SBI withdraws repo rate linked home loan scheme
The bank removed details of the repo-rate linked loan scheme from its website about a week ago.
Indian Overseas Bank decides to link retail and MSME loans to repo rate
All the new loans under the retail segment and micro and small enterprises categories will be offered with Repo Linked Lending Rate (RLLR) only.
RBI policy review: MPC likely to cut repo rate by 25 basis points
All eyes are now set on the Reserve Bank of India’s monetary policy review on Friday, where the central bank is widely expected to cut repo ...
Bank of Maharashtra to link retail loans with repo rate
The inter-bank meeting, held under the aegis of the State Level Bankers' Committee (SLBC), was organised by BoM, convenor, SLBC, Maharashtra State.
Bank of Baroda to pass on RBI's repo rate cut benefit to external benchmark linked loans
Interest rates on home and auto loans are available from 8.1 percent and 8.6 percent, respectively, as per the release.
SBI to adopt repo rate as external benchmark for all floating rate loans from Oct 1
"We have decided to adopt repo rate as the external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019," the bank said in a release.
From Oct 1, all SBI floating rate loans to be linked to repo rate
The decision has come after the Reserve Bank of India (RBI) mandated all banks to link their floating rate loans to an external benchmark.
Why RBI stayed put on policy rates? Shaktikanta Das explains
Core inflation expected to remain in the current zone below 4 per cent, said Governor Das.
Canara, Corporation Bank, others introduce repo linked loan products
With banks launching this product, rates for home, car and personal loans will come down.
RBI likely to reduce repo rates by 25 bps on October 4: Goldman Sachs
The central bank has already reduced the key policy rate four times in the current calendar year.
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