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RBI again hikes rate by 0.25%, loans to get dearer

Last Updated: Tuesday, October 25, 2011, 08:42

All loans are set to become costlier as the Reserve Bank on Tuesday increased the key interest rate by 25 basis points to check rising prices, at the risk of sacrificing some growth.

Bank of Maharashtra raises lending rates by up to 0.25%

Last Updated: Thursday, September 29, 2011, 17:54

State-owned Bank of Maharashtra (BoM) Thursday increased its lending rates by up to 25 basis points, making all kinds of loans expensive.

RBI rate hike not unreasonable: Montek

Last Updated: Friday, September 16, 2011, 16:11

The Planning Commission Friday said that the decision of the Reserve Bank to raise interest rates by 25 basis points is not unreasonable and a signal to bring inflation under control.

RBI's tough tone surprises, repo rate hiked by 0.25%

Last Updated: Friday, September 16, 2011, 08:48

Concerned over high inflation, the Reserve Bank on Friday raised key interest rates by 0.25 percent, its 12th such hike since March, 2010, making auto, home and other loans more expensive.