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.
Debt ETFs/index funds to have minimum of 8 issuers: Sebi
If a credit rating falls below the investment grade, rebalancing by Debt ETFs/index ...
India's growth might have reached a trough: Goldman Sachs
“We expect that the slowdown episode that began in January 2018, to end soon, in re...
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.
RBI rate review: Growth concerns likely to outweigh rise in inflation
The MPC had modestly revised its CPI inflation forecast for Q2 of FY2020 to 3.4 per cent.
Dalal Street expects another 25 bps RBI rate cut: Poll
Since January, the RBI has cut the repo rate by 135 basis points.
RBI cuts repo rate by 25 bps: Full text of 4th bimonthly policy statement for FY20
Here's the full text of the fourth Monetary Policy Statement of the RBI.
Merger of PSU banks going smoothly: Nirmala Sitharaman
On the merger of banks, everything is going smoothly, the bank boards have all been on board, they have taken the necessary steps to keep th...
FM to meet PSU bank chiefs today for review
India’s growth slumped to a six-year low of 5 per cent in the June quarter.
Here's what debt fund managers say about the RBI rate pause
The RBI on Thursday surprised the money market by keeping the repo rate unchanged. The market participants were expecting a 15-25 basis points cut in the key policy rates.
RBI decision to keep rates unchanged shocking: Ashima Goyal
Also disappointed there is no signal on OMOs. RBI seems to be waiting for Budget .
Top 5 banks' home loan interest rates
The Reserve Bank of India has directed banks to link their lending interest rate to an external benchmark rate such as repo rate. The aim is to provide greater transparency and faster transmission of changes in the policy rates.
Andhra Bank to cut MCLR by 10 basis points across all tenors
The benchmark one-year tenor MCLR, which is used to price most of the consumer loans, has been brought down to 8.30 per cent from 8.40 per cent.
Indian Overseas Bank to revise interest rates from November 1
The decision to revise the lending rates follows the Reserve Bank of India reducing the Repo rate by 25 basis points.
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