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PTI
March 16, 2019



PTI
March 14, 2019



PTI
March 10, 2019



PTI
New Delhi, March 10, 2019
At present some banks like Kotak Mahindra, Yes Bank, RBL Bank and Singaporean lender DBS Bank pay higher interest to the tune of 5-6 percent on savings deposits regardless of the balance, while SBI, HDFC Bank, and ICICI Bank pay 4 percent per annum.


PTI
New Delhi, March 9, 2019
Interest rate for one-month and three-month tenors has been reduced to 8.30 per cent and 8.45 per cent, respectively.


PTI
New Delhi, March 9, 2019
The new rates linked the external benchmark rate of the repo rate, will be effective May 1; but the move will not benefit all its depositors as the new rate is applicable only to those with a balance of over Rs 1 lakh in their accounts.


PTI
March 8, 2019



PTI
March 8, 2019



PTI
March 5, 2019



PTI
February 28, 2019



PTI
February 27, 2019



PTI
February 21, 2019
The meeting, attended by heads of Punjab National Bank, Bank of Baroda, Bank of India, Bank of India, ICICI Bank, Kotak Mahindra Bank and IDFC First Bank, focused only on effective transmission of monetary policy.


BusinessToday.In
New Delhi, February 18, 2019
According to Kumar, it was not possible to cut deposit rates as other banks were currently offering significantly higher interest rates on deposits and these would need to get slashed first in order for State Bank of India to react.


PTI
February 8, 2019
SBI Chairman Rajnish Kumar said the bank has the highest market share of the home loans market and it is appropriate to empower the large lower and middle class segment by transmitting the rate cut announced by the RBI.


PTI
New Delhi, February 8, 2019
The rate cut is only for the loans with six-months tenor, while it has been left unchanged in four other time categories including the one-year MCLR.


Mudit Kapoor and Chitranjan Kumar
New Delhi, February 7, 2019
With the RBI cutting interest rate by 25 basis point to 6.25 per cent, the banks are likely to pass all the benefit to customers and slash their marginal cost of funds based lending rates.


PTI
February 5, 2019



PTI
February 5, 2019



PTI
January 2, 2019



PTI
January 1, 2019



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