Lending rates not to move up till May-June: SBI

State Bank Chairman OP Bhatt on Saturday said lending rates in the banking system are unlikely to rise at least in the next 3-4 months as hiking rates in a low-demand scenario could hurt banks` margins.

Banks are free to decide lending rates; no RBI diktat: IBA

Indian Banks` Association on Monday said banks are free to decide interest rates and the Reserve Bank cannot give instructions on rates in today`s liberalised environment.

RBI may keep key rates unchanged in monetary policy: Macquarie

The Reserve Bank of India is likely to keep its benchmark lending and borrowing rates unchanged in its monetary policy review next week, but may start hiking them from April 2010, according to Macquarie Research.

Dena Bank cuts lending rates on home loans

State-owned Dena Bank has reduced home loan rates for new customers as part of festival offer.