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Bank is introducing two tier saving bank rate with effect from Thursday. (Photo: PTI)

BOI cuts interest to 3.5 pc for deposits up to Rs 50 lakh

The bank will continue to pay 4 per cent interest on deposits of above Rs 50 lakh.

24 Aug 2017 1:06 PM IST

Dena Bank stock traded 1.59 per cent down at Rs 30.85 on BSE.

Dena Bank cuts savings rate by 0.5 per cent

For deposits above Rs 25 lakh interest rate will remain unchanged at 4 per cent per annum.

21 Aug 2017 4:52 PM IST

ICICI Banks USD 7.5 billion global medium-term notes programme.

ICICI Bank cut interest rate on savings account by 0.5 per cent

The interest rate on savings bank accounts with deposits of Rs 50 lakh and above remains unchanged.

19 Aug 2017 12:41 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

Savings bank rate cut to up competition for HFCs from banks

HFCs will face a margin contraction in this segment limiting the spreads to absorb all the costs.

18 Aug 2017 7:02 PM IST

Reserve Bank of India

RBI rate cut 'not good enough', more room for reduction: Naina Lal...

RBI's 0.25 per cent rate cut was the first in 10 months and brought policy rates to near 7-year low.

17 Aug 2017 2:39 PM IST

The new interest rates will be effective from August 19.

HDFC Bank cuts savings account interest rate by 0.5 per cent

Customers maintaining savings account balance of Rs 50 lakh and above will continue to earn interest at 4 pc per annum.

17 Aug 2017 12:21 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

Rate cut to boost private investment: Urjit Patel

The 0.25 per cent lowering of the repo rate to 6 per cent comes after a 10-month pause.

2 Aug 2017 7:21 PM IST

According to a study by one participant, over 4.6 lakh of the citys nearly 42 lakh houses (10.5 per cent) are lying vacant.

'RBI rate cut to boost housing sales this festive season'

Reduction in Repo rate will push the banks to further reduce the lending rates.

2 Aug 2017 6:20 PM IST

Wholesale Price Index or wholesale inflation is also down in June.

RBI to keep retail inflation near 4 pc on 'durable basis'

Retail inflation may rise in near term due to pay commission payouts and price adjustments post GST rollout.

2 Aug 2017 4:56 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI cuts key rate by 0.25 per cent; to lower home, auto EMIs

This is the first rate cut since October 2016 and the interest rate is now at 6-year low.

2 Aug 2017 3:01 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Saving deposit rate cuts to lead to lower lending rates: report

A cut in the MCLR beyond 0.35 per cent would become a margin dilutive proposition.

13 Aug 2017 11:58 AM IST

Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

Bank of Maharashtra cuts MCLR rates by 0.05-0.15 per cent from monday

Base rate remains unchanged at 9.70 per cent per annum, Bank of Maharashtra said in a regulatory filing.

7 Aug 2017 8:02 PM IST