Last Updated: Wednesday, August 21, 2013, 17:28
The private sector bank has raised interest rate on term deposits with 46-60 day maturity by 0.75 percent to 7 percent. For 61-289 days as well, the increase is by similar percentage points to 7.75 percent.
Last Updated: Monday, August 12, 2013, 22:12
Kotak Mahindra Bank Monday raised benchmark lending rate by 0.25 percent to 10 percent making costlier the home, auto, corporate and other loans linked with base rate or the minimum lending rate.
Last Updated: Sunday, March 31, 2013, 13:47
"The cost of funds has not come down during the current quarter as the deposit mobilisation is slack. This may affect our net interest margin (NIM)," Executive Director R K Bansal said here.
Last Updated: Thursday, March 28, 2013, 17:54
The base rate, or the minimum lending rate, of the country's second largest private sector bank will become 9.6 percent from the existing 9.7 percent, sources said.
Last Updated: Sunday, March 24, 2013, 15:45
The stance comes even after the Reserve Bank delivered two successive rate cuts of a cumulative 0.50 percent this year.
Last Updated: Tuesday, February 26, 2013, 18:33
State-owned Andhra Bank Tuesday reduced its benchmark lending rates by 0.25 percent to 10.25 percent, making home, auto and corporate loans cheaper for borrowers.
Last Updated: Tuesday, February 05, 2013, 23:11
HDFC reduced benchmark lending rate by 0.1 percent.
Last Updated: Monday, February 04, 2013, 22:06
"This is to inform that the bank has reduced base rate from 10.40 percent to 10.25 percent effective from February 25, 2013," OBC said in a statement.
Last Updated: Friday, February 01, 2013, 22:49
Leading public sector lenders Bank of Baroda, Bank of India and Canara Bank Friday reduced their benchmark lending rates by 0.25 percent, making home, auto and corporate loans cheaper for borrowers.
Last Updated: Sunday, December 30, 2012, 12:38
HDFC Bank has decided to cut its benchmark lending rates by 0.1 percent, making loans cheaper for its borrowers in the New Year.
Last Updated: Wednesday, September 26, 2012, 20:11
State-owned Corporation Bank Wednesday said it will take a call on revising lending rates next month when its cost of funds might come down.
Last Updated: Monday, September 17, 2012, 15:44
Soon after the Reserve Bank unveiled its mid-quarter review of the monetary policy, several bankers hinted that they may reduce lending rates in the coming days.
more videos >>