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Rate cut bandwagon: 3 more banks slash lending rates by up to 1%

Rate cut bandwagon: 3 more banks slash lending rates by up to 1%

Three more banks including Syndicate Bank and Citi India on Friday reduced benchmark lending rates by up to 1 percent, joining others in the rate cut bandwagon.

Bank of Baroda joins rate cut bandwagon, slashes lending rates by up to 0.75%

Bank of Baroda joins rate cut bandwagon, slashes lending rates by up to 0.75%

Joining the rate cut bandwagon, Bank of Baroda on Thursday lowered its lending rates by up to 0.75 percent -- which will lead to cheaper home and corporate loans.

 

Rate cut bandwagon: HDFC Bank, Canara Bank cut lending rates by up to 0.9%

Rate cut bandwagon: HDFC Bank, Canara Bank cut lending rates by up to 0.9%

Home and other loans are all set to be cheaper as major banks such HDFC Bank and Canara Bank joined the rate cut bandwagon by cutting lending rates up to 0.9 percent.

HDFC Bank joins rate cut bandwagon, cuts lending rates by up to 0.9%

HDFC Bank joins rate cut bandwagon, cuts lending rates by up to 0.9%

Joining the rate cut bandwagon, HDFC Bank, Wednesday lowered its lending rates by up to 0.9 percent -- which will lead to cheaper home and corporate loans.

 

Loans cheapest in 6 years: HDFC, Bank of India cut lending rates by up to 0.9%, Indiabulls follows suit

Loans cheapest in 6 years: HDFC, Bank of India cut lending rates by up to 0.9%, Indiabulls follows suit

  Housing, auto and corporate loans are all set to become cheaper with several PSU and private banks steeply reducing benchmark lending rate by up to 1.48 percent after spurt in deposits following demonetisation.

New Year gift: Home, auto loans set to be cheaper

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

ICICI Bank on Monday reduced benchmark lending rate by 0.7 percent across various maturities.

Punjab National Bank makes home, auto loans attractive for government employees

Punjab National Bank makes home, auto loans attractive for government employees

To cash in on the 7th Pay Commission payout to government employees, state-owned Punjab National Bank(PNB) is offering them home and auto loans at attractive rates of 9.3-9.8 percent beginning this month.

Download: RBI 4th bi-monthly Monetary Policy Statement for 2015-16

Download: RBI 4th bi-monthly Monetary Policy Statement for 2015-16

Zee Media Bureau

New Delhi: Springing a surprise, the Reserve Bank of India (RBI) on Tuesday cut its short-term lending rate by 50 basis points, but also made a pitch for it to be passed on to end-consumers in the form of cheaper personal and commercial credit.

Home, auto loans likely to come down further; FM expects more rate cuts by banks

EMIs of home, auto and other loans are likely to come down further with Finance Minister Arun Jaitley on Friday saying that banks have promised greater rate cuts in the coming days and weeks.

Bank of India cuts lending rate by 0.25%

The new rate will come into effect from May 4.

RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down

In its second surprise rate cut within two months, RBI on Wednesday slashed benchmark interest rates by 0.25 percent, a move that may bring down EMIs for home, auto and other loans and give a boost to the economy.

Axis Bank plans festive offers on auto loans, credit cards

Axis Bank, country's third largest private lender, on Tuesday said it will be announcing festive season offers on its auto loans and credit card offerings in the next few weeks.

Axis Bank plans festive offers on auto loans, credit cards

Axis Bank, country's third largest private lender, Tuesday said it will be announcing festive season offers on its auto loans and credit card offerings in the next few weeks.

GM Finance subpoenaed over subprime auto loans

GM Finance says it has received a subpoena from the US Department of Justice for documents related to subprime auto loans.

Home, auto loans to get costlier as RBI hikes policy rate

The Reserve Bank of India (RBI) Tuesday hiked a key policy interest rate by 0.25 percent in less than two months to curb inflation, but eased some rupee support measures. The move would make home, auto and other loans costlier.

Corporation Bank cuts lending rates on home, auto loans

State-owned Corporation Bank on Friday reduced interest rates on home, auto and consumer durables loans by up to 1.75 percent to cash in on the festival season demand.

FinMin mulls additional fund infusion of Rs 4-5K cr in banks

This amount will be over and above the Rs 14,000 crore for the public sector banks announced in the Budget for this fiscal, the official added.

RBI pours cold water on auto makers' festive season hopes

Already reeling under a demand slump, automobile manufacturers have expressed disappointment over the RBI's decision to hike short term lending rate saying it is likely to impact the interest rates on car and automobile loans further.

RBI surprises with 0.25% rate hike; EMIs on loans to go up

Raghuram Rajan in his maiden policy opted for a hawkish monetary policy stance ahead of the festive season.