lending-rates - Latest News on lending-rates | Read Breaking News on Zee News

Bank of England divided on need for rate rise

Last Updated: Wednesday, August 20, 2014, 15:34

The BoE`s main lending rate has stood at 0.50 percent since March 2009.

Bank of England keeps main interest rate at 0.50%

Last Updated: Thursday, August 07, 2014, 17:35

"The Bank of England`s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5 percent," the statement said. 

'Take in account credit info reports in lending decisions'

Last Updated: Friday, June 27, 2014, 22:18

RBI on Friday asked banks and other financial institutions to take into account 'credit information reports (CIRs)' from one or more agencies in all lending decisions and account opening.

Bankers rule out lending rate reduction after SLR cut

Last Updated: Tuesday, June 03, 2014, 17:53

Bankers Tuesday said the RBI's decision to hold key rates, coming after a decisive mandate received by the Narendra Modi government, was on expected lines and interest rates won't change even though the central bank's SLR cut infuses additional liquidity into the system.

RBI panel submits report on pricing of credit by banks

Last Updated: Thursday, April 10, 2014, 18:41

A panel set up by the Reserve Bank of India (RBI) has recommended that banks` base lending rate should be based on the marginal cost of funds if their average deposit tenure is on the lower side.

SBI raises lending rates by 0.20%, Axis Bank revises FD rates

Last Updated: Wednesday, November 06, 2013, 20:04

Days after RBI hiked policy rate, country's largest lender State Bank of India (SBI) on Wednesday raised its lending rate by 0.20 percent to 10 percent, a move that is likely to be followed by other banks.

No increase in base rate for now, says BoI

Last Updated: Wednesday, November 06, 2013, 19:32

After largest lender State Bank of India and second largest private sector bank HDFC Bank raised their minimum lending rate (base rate), public sector lender Bank of India Wednesday ruled out following its peers for now.

Bankers unsure on direction of rate moves following RBI policy

Last Updated: Tuesday, October 29, 2013, 18:21

Bankers remained ambivalent on the impact of today's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.

RBI hikes lending rate by 0.25%, loans to be costlier

Last Updated: Tuesday, October 29, 2013, 17:56

Housing, auto and corporate loans may become expensive with the Reserve Bank on Tuesday hiking the key lending rate by 0.25 percent to contain inflation in continuation of its hard-line stance.

Canada central bank maintains key lending rate at 1%

Last Updated: Wednesday, October 23, 2013, 21:09

Canada maintained its key lending rate at one percent Wednesday, warning that the economy of key partner the United States is "softer than expected" and growth in emerging markets has slowed.

Corporation Bank cuts lending rates on home, auto loans

Last Updated: Friday, October 11, 2013, 19:51

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.

DBS Bank expects 0.5% repo rate hike by RBI in next 3 months

Last Updated: Thursday, September 26, 2013, 21:17

The Reserve Bank is likely to increase short term lending (repo) rate by 0.5 percentage points by December in a bid to anchor inflationary expectations, DBS Bank said in a report.