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ASSOCHAM calls for reduction in repo rates
New Delhi, Jan 17 (IBNS) With inflation showing signs of moderation and velocity of exports increasing, industry body ASSOCHAM on Tuesday called for 50 basis points reduction in repo rate to ease mounting cost of borrowings and at least one percentage point reduction in cash reserve ratio (CRR) to inject liquidity into the banking sector.A one percentage point reduction in CRR could release Rs 56,000
New Delhi, Jan 17 (IBNS) With inflation showing signs of moderation and velocity of exports increasing, industry body ASSOCHAM on Tuesday called for 50 basis points reduction in repo rate to ease mounting cost of borrowings and at least one percentage point reduction in cash reserve ratio (CRR) to inject liquidity into the banking sector.A one percentage point reduction in CRR could release Rs 56,000
Dhanlaxmi Bank raises base rate, BPLR
Private lender Dhanlaxmi Bank said on Monday it has increased its base rate and benchmark prime lending rate by 25 and 50 basis points respectively, effectively immediately. In Focus: The dark
Private lender Dhanlaxmi Bank said on Monday it has increased its base rate and benchmark prime lending rate by 25 and 50 basis points respectively, effectively immediately. In Focus: The dark
SBI, ICICI Bank raise base rates by 50 bps to 10%
The country's top two banks, State Bank of India (SBI) and ICICI Bank, on Thursday announced 50-basis point increases in their minimum lending rates, or base rates, to 10 per cent. The rate rises
Allahabad Bank to raise base rate, BPLR
Allahabad Bank has said it would raise its base rate and the benchmark prime lending rate (BPLR) by 50 basis points (bps) from August 1. The rate increase would increase the bank’s base rate
SBH hikes base rate
State Bank of Hyderabad (SBH) will be increasing its base rate (minimum lending rate) by 50 bps (basis points) from 9.5 per cent to 10 per cent and benchmark prime lending rate (BPLR) by 25 bps
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