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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.


PTI
February 19, 2019



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.


BusinessToday.In
February 14, 2019
The rupee opened weak at 70.91 and fell further to 71.05, but recovered partially to trade at 70.94


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
February 8, 2019
RBI may increase rates by 25 basis points each in Q4 of 2019 and Q1 of 2020, Goldman Sachs said in a research report.


PTI
New Delhi, February 8, 2019
The RBI has reduced repo rate (at which RBI lends to banks) by 0.25 per cent to 6.25 per cent, a move that will translate into softening interest rates.


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.


PTI
February 7, 2019



PTI
February 7, 2019



PTI
February 7, 2019



PTI
February 7, 2019



PTI
February 7, 2019



PTI
February 7, 2019
Rate-sensitive stocks swung between gains and losses after the rate-cut announcement, with BSE realty index slipping 0.02 per cent, Bankex gaining 0.04 per cent and auto index soaring 1.77 per cent.


PTI
February 7, 2019



PTI
February 7, 2019



PTI
February 7, 2019



Aprajita Sharma
February 7, 2019
Experts see another rate cut in the calendar year 2019 as the RBI governor Shaktikanta Das clearly stated to focus on the economic growth with the headline inflation projected to remain soft in the near-term.


PTI
February 7, 2019



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.


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