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Only CRR cut can help banks slash lending rates: India Ratings

Last Updated: Thursday, May 02, 2013, 16:23

Banks would find it difficult to pass on the benefits of a rate cut by RBI to borrowers as they continue to feel refinancing pressure, says India Ratings.

HDFC, BoM, Vijaya Bank cut lending rate by up to 0.25%

Last Updated: Tuesday, February 05, 2013, 23:11

HDFC reduced benchmark lending rate by 0.1 percent.

Indian Bank, OBC, Citi cut lending rates by up to 0.3%

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.

Cut lending rates to spur industrial growth: Survey

Last Updated: Sunday, July 01, 2012, 18:04

The Reserve Bank should immediately cut policy rates by 1- 1.5 percent as high interest rates are impacting the business of small and medium units, says a survey by industry chamber Assocham.