Page 6 - Lending Rates

Banks likely to cut lending rates by 25 bps post RBI policy action: BofAML

According to BofAML, reduction in lending rates might trigger high level of liquidity in banks

Dena Bank, SBBJ cut lending rate by up to 0.1%

The new rates will be effective from November 1

Banks slash rates in New Year gift; SBI leads and PNB, Union Bank follow

SBI cuts lending rate by 90 bps; PNB, Union Bank follow suit with 70 bps and 65-90 bps respectively

ICICI, SBI cut lending rates

The new rate will be effective from November 1

Oriental Bank of Commerce, United Bank cut lending rate by up to 0.15 pc

OBC, United Bank reduce marginal cost of funds based lending rate a few days after RBI cuts repo rate by 0.25 per cent

50 bps lending rate cut likely by Sept: BofA-ML

A report by BofA-ML also said that the RBI is expected to cut rates 25 bps on August 9

Banks in no hurry to cut lending rates

SBI chairman says transmission only after deposit rates come down