Results 1 - 100 of about 22583 for interest rates of loans of HDFC bank during .
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ICICI, HDFC bank hike home loan rates by 0.75 percent - 01 Jan 2008
would now have to pay a minimum of 11.75 per cent interest on home loans.  "This is in line with the rates of interest in the economy, which have hardened due... Bank that made all home, corporate, personal and auto loans expensive.  

LIC Housing Finance cuts interest rates by 0.75% - 17 Mar 2009
the interest rates on all existing home loans for all maturities by 75 basis points (bps... customers by cutting down the rate of interest on all sorts of home loans... lakh to 75 lakh, and above Rs.75 lakh, the new floating interest rates are 8.75

HDFC Bank cuts rate by 0.5 percent - 19 Dec 2008
of interest on loans to NRIs have also been reduced,' HDFC said in a statement.  'The recent cuts in policy rates by the Reserve Bank of India has created...New Delhi, Dec 19 (IANS) HDFC Bank Friday announced a reduction in its retail

Interest on household, corporate loans set to soften - 04 Nov 2008
, after the chiefs of commercial banks agreed to cut interest rates during... and the Union Bank of India, among others, said they will cut their prime lending rates, which determine the interest rates on corporate or housing loans, by 25-75 basis

HDFC chairman expects bank to cut rates again - 18 Feb 2009
coming down, there is a better chance of interest rates coming down than going up...New Delhi, Feb 18 (ANI): Housing Development Finance Corporation (HDFC) chairman Deepak Parekh has said that it expects the central bank to further cut

Banks cut interest rates on some home loans - 15 Dec 2008
Mumbai, Dec 15 (IANS) State-run commercial banks Monday cut interest rates on home loans up to Rs.2 million (Rs.20 lakh/$40,000), with several other benefits... will attract an interest rate of 9.25 percent, State Bank of India (SBI) chairman

Banks cut interest rates on home loans, small units credit - 15 Dec 2008
rates on fresh home loans up to Rs.2 million (Rs.20 lakh/$40,000) with several... also said interest rates on advances taken by micro, small and medium... will attract an interest rate of 9.25 percent, State Bank of India (SBI) chairman O.P.

IBA announces cheaper home loans - 15 Dec 2008
, the banks were earlier unwilling to slash the interest rates for loans... Association (IBA) Monday announced to slash the rate of interest on new housing loans up... of home loans have not made any announcement to cut the interest rate on home loans

Punjab National Bank rules out further cut in interest rates - 27 Mar 2009
not slash interest rates on existing deposits. 'The Reserve Bank of India (RBI) is not reducing interest on savings bank deposits. Only when deposit rates... that liquidity is acquired has a bearing on interest rates. If you don't give me

BankBazaar.com offers personal loan seekers interest rates as low as 14.75% - 24 Nov 2008
for getting the best interest rate on loans.  Loan seekers can get instant..., and choose the best loan bargain. Currently, interest rates at BankBazaar.com are as low... in this completely online process. Apart from real time, customized interest rates

HDFC cuts home loan rate by 50bps - 25 Mar 2009
interest rates on loans below Rs 20 lakh are at 9.5%.” So, not much...% for the same tenure. Besides HDFC, Canara Bank too has announced home loans up... down interest rates for the existing borrows. Here, 50 bps (0.50%) rate cut

British interest rates cut to 315-year low - 08 Jan 2009
London, Jan 8 (IANS) The Bank of England Thursday cut the base rate of interest... that cuts in interest rates since October 2007, coupled with a substantial fall... rates have never fallen below two percent since the establishment of the Bank

ICICI Bank, LIC Housing cut home loan rates - 31 Dec 2008
Housing - Wednesday cut their interest rates on home loans by up to 75 basis points... customers, LIC Housing has already reduced interest rates from Dec 17. For loans up....  The bank's floating reference rate for home loans has now come down

RBI reviews CRR, SLR and repo rates - 01 Nov 2008
In a move to soften the interest rates in short and long term loans, the Reserve Bank of India (RBI) on Saturday (Nov 01) has announced to make further... with the apex bank; Statutory Liquidity Ratio (SLR), the minimum quantum of amount banks

Banks to slash deposit, interest loan rates by 0.50-0.75% - 05 Nov 2008
have also asked the Central bank to relax bad loan norms of real estate loans...The public sector banks on Tuesday have announced to cut down the interest rate on major loans by 50 to 75 basis points (0.50-0.75%). The banks announced

HDFC reduces lending rate from Wednesday - 24 Mar 2009
said.    Interest rates on existing loans to non-resident Indians have... by the government, drop in interest rates, correction in property prices... in an increased interest from first-time house buyers,' HDFC joint managing director

Bank of England cuts interest rates - 06 Nov 2008
London, Nov 6 (DPA) The Bank of England Thursday slashed interest rates... the government in 1997, and the biggest single cut ever, bringing interest rates... is the risk for tomorrow.   We think interest rates could touch record

SBI loans to be cheaper - 06 Nov 2008
Mumbai, Nov 6 (ANI): State Bank of India loans will now be cheaper with the bank deciding to cut its Prime Lending Rate (PLR) by 0.75 per cent from Monday... hardening of interest rate cycle is now getting reversed after the Reserve Bank

BJP slams home loan interest rates slash - 16 Dec 2008
the decision of the government to slash interest rates as part of its initiative to spur demand amid a global crisis. Government banks lowered interest rates... meeting here, "Slashing of interest rates which were announced yesterday

India's central bank cuts key rates, infuses liquidity - 01 Nov 2008
bank Saturday cut some key interest rates and reduced the minimum cash balance... is the interest charged by the central bank on borrowings by commercial banks... commercial banks would lend more and reduce their interest rates to help the Indian

High interest rates deterrent for micro-finance - 31 Mar 2009
and insurance department.    Interest rates on micro-finance loans...New Delhi, March 31 (IANS) High interest rates coupled with an uneven spread...-finance institutions and moreover interest rates still remain high,' he said

State Bank of India cuts interest rates by 75 basis points - 06 Nov 2008
Tuesday on lowering interest rates after the Reserve Bank of India cut key rates... the interest rates on borrowings by the corporate sector, as also for households... is all set to fall as the State Bank of India (SBI), the country's largest bank

Now private banks promise to cut interest rates - 05 Nov 2008
points.  This is the base level for interest rates on loans extended... they will look at lowering interest rates, the private sector banks too have... seriously examine a reduction of interest rates,' Finance Secretary Arun

Banks hike interest rate on credit card dues - 14 Aug 2007
the interest rates on credit card dues", informed HDFC bank... argues that the price hiked in every sort of interest include home loans up to 3... rate on credit borrowing. “We had raised the interest rates by 1-3

Banks hike foreign currency deposit rates - 18 Sep 2008
and premier private sector bank HDFC has announced to revise the interest rates on Foreign..., SBI has raised the interest rate from 2.46% to 2.96%, while HDFC bank has hiked...%. For the period of 2-3 years and 3-4 years, the new revised rates in HDFC bank would

India's central bank leaves key rates untouched - 24 Oct 2008
Mumbai, Oct 24 (IANS) The Reserve Bank of India (RBI) left key interest rates unchanged and projected an economic growth of 7.5-8 percent during the current... the interest rates untouched, even as the cash reserve ratio, or the minimum

SBI hikes PLR by 1%, deposit rates by 0.25-0.75% - 12 Aug 2008
on auto loans; SBI has raised the interest rate by only 0.50%. However, bank has...India’s largest bank, the State Bank of India (SBI) on Monday has... to hike deposit rates on fixed deposits (FDs) ranging 0.25%-0.75% according

Kuwait interest rate cut hailed - 09 Oct 2008
Dubai, Oct 9 (IANS) A decision by Kuwait's central bank to cut interest rates... direction. The Central Bank of Kuwait (CBK) cut interest rates by 125 basis... percent from 3.5 percent.  Kuwait International Bank chairman Abdulwahab Al

BJP promises subsidised grain, cheap farm loans in Madhya Pradesh - 16 Nov 2008
rates and farm loans at low interest rates if it is re-elected. The promise... to the Scheduled Tribes families, farm loans at three percent interest, and 24 hours... of cottage industries.  He promised agricultural equipment at subsidised rates

Banks assure 50-100 bps rate cut in loans - 02 Feb 2009
Mukherjee to cut the interest rate in loans and deposits by more than 50 basis..., there is general expectation that interest rates will come down," Arun Ramanathan... on long-term loans and deposit rates but a large number of banks had not made

SBI, BOI cut lending rates - 12 Feb 2008
known as SBAR (SBI advance rate) to lower the interest rate on home loans, auto loans, personal loans and others. Following the path, the Bank of India (BOI) has also reduced the interest rate on home loans and others; however it has not made

Lower interest rates can boost India's eco growth: Parikh - 21 Mar 2009
Interest rates should be reduced to 7-8 percent that would facilitate a greater..., said Parikh while advocating for reduction in interest rates. About 40... rates further. Although the Reserve Bank of India has made a multiple rounds

HDFC Bank opens first international branch in Bahrain - 23 Oct 2008
Dubai, Oct 23 (IANS) India's leading private bank, HDFC Bank, has opened its... net worth advisory,' HDFC Bank managing director Aditya Puri stated.   ... between the Gulf nations and India, it was logical for HDFC Bank to start its

RBI further cuts key rates by 50 bps - 05 Mar 2009
Bank of India (RBI on Wednesday announced another round of cut in key rates... of interest on retail and corporate loans. ‘The decisions will reduce... rates, which effect would come in few coming days, added master bank

Pay more for long-term loans - 27 Jun 2008
, HDFC has already increased the interest rate on long-term loans before RBI’s... the PLR. After raising the PLR, the interest rate on home loans of SBI has... rates by 25-100 bps and since July 01, it will offer 7.5% interest rate for more

Housing bank expects finance firms to reduce rates - 30 Dec 2008
Housing Bank (NHB), expects housing finance companies to reduce lending rates, a top company official said here Tuesday. 'As we have reduced rates, we expect housing finance companies to reduce rates and pass on the benefits

India's central bank cuts key rates, warns of 'painful adjustment' - 06 Dec 2008
reduce their interest rates for the corporate sector. Monetary measures to help... their lending rates after the steps taken by the Reserve Bank, adding...Mumbai, Dec 6 (IANS) Reserve Bank of India (RBI) Governor Duvvuri Subbarao

Chidambaram for banks to consider lowering interest rates - 02 Nov 2008
, Chidambaram said that he would take up the issue of interest rate cut during a meeting... that they should now consider lowering their interest rates. (ANI) ... will ask the public sector banks to consider lowering lending rates to ease

'Fresh monetary steps will soften interest rates' - 01 Nov 2008
Bangalore, Nov 1 (IANS) Interest rates will soften in the coming weeks... rate is the interest charged by the central bank on borrowings by commercial.... They will first reduce deposit rates and lower interest rate on borrowings

UAE central bank cuts interest rates - 09 Oct 2008
earlier in the day.  The Central Bank of Kuwait cut interest rates by 125...) Central Bank cut the lending rates to banks from five to three percent. The bank..., the official Emirates News Agency (WAM) reported.  UAE Central Bank

More banks follow State Bank, cut lending rates - 22 Dec 2008
in the country, Saturday announced a cut in interest rates on loans and deposits following... lending rates.   Bank of Baroda touched an intra-day high of Rs.287.45...New Delhi, Dec 22 (IANS) Three state-owned banks - Bank of India, Bank

ICICI chief urges RBI to cut interest rates - 16 Nov 2008
, bank chairman K.V. Kamath said: 'Interest rates are still high.'  ... Sunday called upon the Reserve Bank of India (RBI) to further slash key interest... in interest rates'.  The inflation figure dropped to 8.98 percent

Japan's central bank holds rates, raises purchase of government bonds - 18 Mar 2009
interest rates, the Bank of Japan has turned to more unconventional measures to fight...Tokyo, March 18 (DPA) Japan's central bank Wednesday kept its benchmark interest rate unchanged at 0.1 percent but decided to step up its purchases

FM asks banks to cut more in loan interest rate - 05 Mar 2008
views on interest rates to the Reserve Bank of India, which would take a final call... the interest rate on consumer loans to cover more number of consumers and to enhance more... and interest rates on lending to drop further. I have impressed upon banks

India Inc disappointed as central bank leaves key rates untouched - 24 Oct 2008
despite challenges from overseas, the Reserve Bank of India (RBI) Friday left interest rates unchanged and projected a lower economic growth of 7.5-8 percent... during the review.  'India's financial sector is stable and healthy

More state-owned banks reduce lending rates - 29 Dec 2008
interest rates on various retail lending schemes like floating rate housing loans and car and education loans by 50 basis points. The interest rates on fixed rate... Bank and Bank of India which reduced their rates by similar margin Dec 22. 

Punjab National Bank, Bank of Baroda reduce lending rates - 29 Dec 2008
. The interest rates on fixed rate housing loans have been reduced up to 175 basis..., interest rates in the time periods having maturities of 46 days and above have also...;Additionally, PNB also reduced interest rates on various retail lending schemes like

SBI cuts PLR by 75 bps; interest rate to fall from Jan - 22 Dec 2008
rates on home and corporate loans along with deposit rates. According to latest... in falling of interest rate on home, auto and corporate loans even to existing...% to 8.50%. All the revised rates on loans and deposits will be effective from January

PNB to slash BPLR, deposit rates by 100 bps - 27 Nov 2008
interest and deposit rates, the Punjab National Bank (PNB) Wednesday said to cut.... It is the basis of long-term loans and also the rate of interest. In BPLR, PNB... of interest on basic loans, experts believe. This move of PNB will also

Chidambaram advices banks to reduce higher interest rates - 01 Jan 2008
interest rates by mobilizing low cost deposits.  Speaking at a function organized by public sector Corporation Bank in Bangalore on Friday the Finance Minister... cent of the total deposits.  Talking about the Reserve Bank of India's

Government talking to banks on cutting lending rates - 18 Dec 2008
floating interest rates for loans, apart from working out bailout packages... interest rates on their loans should benefit,' the minister said.  ...;The central bank has slashed the cash reserve ratio (CRR), prime lending rate (PLR

SC rubs out card interest rate limit - 04 Feb 2009
interest rates and penalty fee as per the terms and conditions of individual bank... Reserve Bank of India can set the cap of credit card interest rates...The Supreme Court on Tuesday allows banks to charge annual interest rates of up

HDFC net profit rises to Rs.5.29 bn - 16 Oct 2008
Mumbai, Oct 16 (IANS) HDFC Bank Thursday announced a net profit of Rs.5.29... statement said.   Shares of HDFC Bank closed at Rs.1,087.35, down... period last year. The total income increased to Rs.46.34 billion during

Bank of England cuts interest rate to two percent - 04 Dec 2008
London, Dec 4 (DPA) The Bank of England (BoE) Thursday cut interest rates....   The renewed cut in interest rates coincided with a set of gloomy... British rates down to their lowest level since 1951.   The recent round

Hike interest rates on NRI deposits: Isaac - 24 Nov 2008
interest rates on the deposits in non-resident accounts. 'The situation in the country is that banks have started regulations on loans and this does... interest rates on foreign deposits,' Thomas Isaac told reporters here.   

India's central bank cuts key lending rates - 06 Dec 2008
banks and help them reduce interest rates for the corporate sector, India's central bank Saturday cut two key interest rates but said a period of 'painful adjustment' was inevitable for the country's economy. Reserve Bank of India (RBI

Major central banks cut interest rates by half a percent - 08 Oct 2008
Frankfurt, Oct 8 (DPA) Major central banks jointly slashed interest rates Wednesday, with the European Central Bank (ECB) reducing its benchmark refinancing... their policy rates and avert recession, the ECB said in Frankfurt it was satisfied

Chidambaram meets PSU bank heads to review interest rates - 04 Nov 2008
environment conducive for lowering of interest rates. SBI Chairman O P Bhatt, PNB chief K C Chakrabarty, Bank of Baroda Chairman M D Mallya, Canara Bank head A C Mahajan, UCO Bank CMD S K Goel and top officials of the Finance Ministry

HDFC Bank declared 'Best Local Bank' in India - 18 Feb 2009
HDFC Bank, one of India's premier banks, has been declared the 'Best Local Bank... recognized HDFC Bank as the Best Bank in the category of 'Relationship Management... categories. According to Euromoney, HDFC Bank's nomination as "Best Local

RBI asks banks to cut rates - 28 Feb 2009
the interest rate on loans. The public sector banks, on the other hand, had cut... – the rate of interest, the master bank own the money from the banks... banks were coping with falling interest rates,” Kamath said after

SBI cuts PLR by 0.75%; loan rates may dip - 07 Nov 2008
. So, interest rates on the loans are expected to come down soon and would... to 13.00% from the current 13.75%, while the bank deposits rates vary upon... (OBC), Syndicate Bank and Dena Bank have already cut their prime lending rates

DLF seeks lower interest rates, defers projects - 18 Nov 2008
interest rates by three percent to stimulate growth, a top official said here Tuesday... mortgage loans which have interest rate of 12 percent,' he said.  Singh added that the optimum interest for mortgage home loaners would be seven percent

After UAE and Kuwait, Bahrain cuts interest rates - 09 Oct 2008
; The Central Bank of Kuwait cut interest rates by 125 basis points, bringing...Dubai, Oct 9 (IANS) Bahrain's central bank Thursday cut its key policy interest... of the global financial crisis. The Central Bank of Bahrain (CBB) said

Central banks slash rates, market still unhappy - 09 Oct 2008
to slash interest rates has been hailed as a new level of international... many of the world's top economies slashed interest rates, mostly by 50 basis... in the coordinated cuts. The Bank of Japan did not cut rates but 'expresses its strong

Failed US home loans bank IndyMac sold for $14 bn - 03 Jan 2009
for nearly $14 billion the collapsed home loans specialist IndyMac Bank, the third-largest bank to fail since the US government began insuring deposits in 1934. ... bank buyout expert J. Christopher Flowers, hedge-fund operator John Paulson

HDFC, the most valued pvt bank in India - 25 Mar 2009
Surpassing ICICI, the HDFC bank on Tuesday became the most valued private.... On Tuesday, the share price of HDFC Bank increased by over 6% to close at Rs... sector bank was on the second position and HDFC bank was on the third

US Federal Reserve slashes interest rates to one percent - 30 Oct 2008
Washington, Oct 30 (DPA) The US Federal Reserve cut interest rates Wednesday... and China's central bank among others. The ECB is expected to cut rates again at its...;  Aside from a one-year period between June 2003 and June 2004, interest rates

SBI offers conditional health loans to poor heart patients - 20 Aug 2008
for the poor heart patients undergoing cardiac treatment to get easy bank loans at low interest rates under SBI’s ‘Hrudaya Suraksha Scheme.&rsquo...Taking a great initiative country’s largest commercial bank, the State

State Bank, most state-owned banks cut lending rates - 06 Nov 2008
also announced a cut in their deposit interest rates while some have left them... that they too would cut rates after the central bank, the Reserve Bank of India (RBI... the government that they would seriously examine a reduction of interest rates

India Inc. welcomes RBI move, but banks not for immediate rate cuts - 06 Dec 2008
interest rates, India Inc. Saturday welcomed the move, saying it was a 'a good... interest on housing loan by 1.5 percent.   Punjab National Bank (PNB) chairman A.C. Chakraborty said: 'We cannot cut interest rates everyday. Have to see

Repo rate hike pushes up bank deposit and debt rate - 17 Jun 2008
Bank of India (UBI) on Monday announced to hike the domestic term deposit rates... not hiked the Prime Lending Rate (PLR), the rate on which bank distribute the loans... announced to hike the deposit rates as well as PLRs both. It became the first bank

World Bank launches $2 bn fast-track funds for poor nations - 11 Dec 2008
Nairobi, Dec 11 (Xinhua) The World Bank (WB) has announced the creation of a $2 billion fast-track facility to speed up grants and long-term, interest-free loans to help the world's poorest countries face the global financial crisis. 

Prices can fall if taxes, interest rates are lowered: Assocham - 20 Nov 2008
but will fall further if the government cuts taxes and banks lowers interest rates... of their funds for SMEs and extend credit at lower interest rates,' he added.  ... the government to bring down interest costs and roll back taxes that were imposed during

ICICI scraps two-wheeler loans at dealer's end - 07 Aug 2008
loan at 24% interest rate. Besides ICICI Bank, HDFC Bank- the second largest two... selling market, as since August 15 bank will award loans to only choosy... largest bank ICICI after the declaration of Citibank, has announced to withdraw

Pakistan plans to unfreeze stock market by Oct 27 - 11 Oct 2008
crunch has caused the interest rates on short-term loans to shoot up to an all... rates on loans taken by top brokers, sources said. 'The decision to unfreeze... into the market and put a cap on interest rates,' Akeel Karim Dhedhi, chairman

Farmers to get extension in interest subsidies - 16 Feb 2009
an extension of interest subsidies to debt-hit farmers, and said the government would continue with the interest subvention scheme for farmers for loans up to Rs. 300,000. "The government will continue to provide interest subvention

Madhya Pradesh may reduce farm loan rates: governor - 07 Jan 2009
Bhopal, Jan 7 (IANS) Governor Balram Jakhar Wednesday indicated that Madhya Pradesh may lower the interest rates on farm loans, saying the government... costs of the farmers and protect their income, he said, adding the interest

SBI revises deposit rates - 06 Aug 2007
deposits while hikes the rates in long-term deposits. State Bank of India has... the rates up to 50-point basis. There is no change in interest rate on term deposits of 15 days to 45 days, which stands at 5.5%. Interest rate on deposit rates

New Zealand central bank cuts interest rate to 6.5 percent - 23 Oct 2008
an unprecedented 1-percentage-point cut in the central bank's benchmark interest rate...;  He foreshadowed cutting interest rates further but said the timing and extent... of 2.5 percent from Wednesday's close.   Earlier, the Reserve Bank slashed

IMF speeds emergency loans for cash-strapped governments - 30 Oct 2008
approved a new programme to provide emergency loans to countries facing serious cash... with a 'track record' of solid economic policies can now apply for three-month loans... said.   Typical IMF loans are linked to often-strict policy requirements

India's central bank cuts key rates to spur economy - 02 Jan 2009
interest rates and the CRR will further enable banks to provide credit for productive purposes at appropriate interest rates,' the central bank added.  ... banks, the Reserve Bank of India (RBI) Friday cut the both the repurchase

Manmohan Singh sees scope for further moderation in interest rates - 28 Mar 2009
inflation, there is scope perhaps for a further moderation in interest rates," Singh... that plenty of liquidity and low inflation gave room for further interest rate cuts... lending rates in the last three months between 150 and 200 basis points, other

No alteration in key rates: RBI - 29 Jan 2008
taken by the RBI of keeping the interest rates intact Finance Minister P Chidambaram... will increase due to rise in gap between India's interest rates and those in US.&rdquo..., ICICI Bank, State Bank of India and HDFC Bank have lost 3.95%, 1.7% and 4.1

US mortgage rates fall to lowest level in decades - 01 Jan 2009
Washington, Jan 1 (DPA) Mortgage rates for 30-year-fixed home loans in the US...;'Interest rates for 30-year fixed-rate mortgages fell for the ninth straight week... home loans that brought about record defaults has sent the housing market

Canara Bank net up 32 percent on strong interest income - 20 Oct 2008
a year ago.  Similarly, the bank's net interest income has shot up...Bangalore, Oct 20 (IANS) State-run Canara Bank posted net profit of Rs.5.3... from Rs.4.02 billion in the corresponding period last year on strong interest

Economy needs more incentives: SBI chairman - 11 Dec 2008
the country's central bank, private banks like HDFC and Yes Bank, besides Union Bank...New Delhi, Dec 11 (IANS) India's largest bank State Bank of India (SBI) Thursday said the economy needed more incentives to weather the downturn than interest

Rate cuts to happen soon, predicts ICICI Bank chief - 18 Nov 2008
New Delhi, Nov 18 (IANS) ICICI Bank, India's largest private sector bank, believes interest rates would come down further. 'The interest rate is a subject... is there in the offing,' ICICI Bank managing director and chief executive officer K.V. Kamath

Finance minister sees banks reduce lending rates - 25 Nov 2008
sector banks would have to reduce lending rates after state-owned banks cut interest rates earlier this month. 'After the public sector banks slashed lending rates, I have no doubt that they (private banks) will get a tough competition

Sales of automobiles poor due to lack of easy loans from Banks - 25 Dec 2008
said that sales of automobiles have not picked up due to lack of easy loans from Banks. Talking to reporters during a National Road Safety Mission programme here on Wednesday, Bhargava said, "It's not about loans being cheap, till

Mukherjee to meet bank CEOs today - 03 Feb 2009
reducing interest rates for housing loans of up to 20 lakh rupees and opening...;Mukherjee is expected to ask banks to relieve the interest rates to boost... the public sector bank CEOs here today to evaluate third quarter performance

India proposes more fiscal measures to infuse liquidity in system - 11 Oct 2008
further cuts in cash reserve ratio (CRR) for banks and in the interest rates... in the finance ministry and the central bank said Saturday. "Fiscal steps... the CRR (minimum balance against deposits a bank has to keep as cash) by another 50

SBI considering further reduction in lending rates - 03 Feb 2009
New Delhi, Feb 2 (ANI):The State Bank of India, on Monday expressed that it is considering a further reduction in the lending rates by at least 25 basic points... of state-owned bankers. The State Bank of India, country's top public

EPF board defers decision on interest rates for 2008-09 - 01 Jan 2008
Provident Fund Organisation today has deferred its decision on the interest rates... interest as assured by the Prime Minister in 2004 for 2005-6 and in 2006-7, the rates... supported Centre of Indian Trade Unions (CITU) has demanded around 12 per cent interest

UCO Bank may cut lending rates by 100 basis points - 16 Dec 2008
rates, he said.   At present, UCO Bank's BPLR is at 13.75 percent...Kolkata, Dec 16 (IANS) State-owned UCO Bank may cut its benchmark prime lending...;'We have our board meeting at the end of this month, we will decide during

Canada cuts interest rate to lowest in five decades - 10 Dec 2008
. This is the lowest level of interest rates since 1958.  The bank...; In addition to Tuesday's reduction in interest rates, the national bank had... national bank has cut its interest rate to the lowest level in half a century to ease

Industry lobby recommends interest rate cut - 26 Oct 2008
in key interest rates, to help the economy tide over the current financial crisis... the government to guarantee all bank deposits for a two-year period to maintain depositor

United Bank reduces lending rate by 50 bps - 06 Jan 2009
, housing, auto and vehicle loans, as well as potential borrowers will get the benefit of reduced rate of interest,' a bank statement said.  The deposit...Kolkata, Jan 6 (IANS) The United Bank of India (UBI) has reduced its prime

Japan stocks down despite interest-rate cut - 19 Dec 2008
by the Bank of Japan to lower its key interest rate to 0.1 percent failed to create... 4.3 percent and the Topic 2.6 percent.   The Bank of Japan ended... in recession.   The central bank had been under pressure from the government

Russia's second largest bank to refinance liabilities - 13 Oct 2008
on Russia's financial markets, rising interest rates, and a liquidity shortage...Washington, Oct 13 (RIA Novosti) Russia's second largest bank, VTB, will apply to state-controlled development bank Vnesheconombank (VEB) for a loan

DLF urges government to cut home loan rates - 18 Nov 2008
to slash interest rates by three percent. 'Not that we will have bring.... 'The demand is low because people take mortgage loans which have interest rate of 12 percent,' he said.  Singh added that the optimum interest