Friday, Mar 29, 2024 | Last Update : 06:08 AM IST

lending rate Page-2

Lending rate cuts key to economic recovery: report

RBI reduced the repo rate by 0.25 per cent to 6 per cent in August, citing reduction in inflation risks.

22 Sep 2017 2:00 PM

BOI slashes lending rate by 0.05-0.10 per cent

As of now, Bank of India's one year MCLR stands at 8.40 per cent.

07 Sep 2017 7:34 PM

RBI likely to cut rate on Aug 2 as inflation hits record low

A rate cut will give a push to credit growth which has been sluggish from last many quarters.

30 Jul 2017 1:25 PM

SBI cuts lending rate by 0.15 pc to 9.10 pc

The new rate is effective from the date the bank merged five of its associates and Bharatiya Mahila Bank.

03 Apr 2017 6:30 PM

UCO Bank cuts lending rate by up to 0.8 per cent

MCLR for the 3-month period has been decreased by 0.8 percentage points to 8.40 per cent.

10 Jan 2017 4:27 PM

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Lower lending rates to cushion demonetisation

Banks have started lowering their lending rates as demonetisation has led to a surge in deposits.

02 Jan 2017 3:38 PM

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