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Interest on loans not to come down as RBI keeps interest rates unchanged

Interest on loans not to come down as RBI keeps interest rates unchanged

RBI in his third bi-monthly policy of the fiscal, left benchmark lending (repo) rate unchanged at 7.25 percent as also the cash reserve ratio (CRR) at 4 percent.

ICICI Bank announces cut in home loan rates

ICICI Bank, the largest private sector lender, has announced a 0.10 percent reduction in home loan rates for a limited period, bringing them on par with bigger rival State Bank of India.

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

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.

RBI policy review: Bankers rule out cut in interest rate this month

Lending rate is unlikely to be cut this month as bankers said that they will wait for further signals from RBI before lowering rates for home and auto loans.

Loans to get cheaper; SBI, 2 others cut lending rates

While the SBI has reduced the lending rate by a marginal 0.05 percent, private sector HDFC Bank and Federal Bank announced reduction in a few segments like auto loans to the tune of 0.25-0.50 percent.

EMIs set to go up as RBI hikes interest rates again

Interest rates and EMIs are set to go up again with the Reserve Bank Friday hiking its key rates by 25 basis points, the 12th time since March last year, to tame high inflation overlooking sliding growth.