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PTI
June 6, 2018
The Sensex, which opened at 34,932, fell after RBI's policy announcement but soon recovered to touch the day's high of 35,230.


BusinessToday.In
New Delhi, June 1, 2018
This is the second time in a year that SBI has raised the MCLR. On March 1, it raised the lending rate for one year by 20 basis points to 8.15 per cent from 7.95 per cent.


Aseem Thapliyal
March 1, 2018
This is the first time a bank has raised the benchmark lending rate after the MCLR system came into effect in April 2016. The MCLR system replaced the base rate from April 1, 2016.


BusinessToday.in
March 1, 2018
India's largest public sector lender, the State Bank of India (SBI) on Thursday raised the key one-year marginal cost of funds based lending rate (MCLR) by 20 basis points to 8.15 per cent from 7.95 per cent. The new MCLR will be effective from today.


PTI
February 11, 2018



PTI
February 1, 2018



BusinessToday.in
New Delhi, December 6, 2017
The primary reason behind no change in the policy rates reflects the Reserve Bank of India's focus on inflation control, and its analysis of India's strong economic prospects.


BusinessToday.in
New Delhi, December 6, 2017
The RBI on Wednesday retained the repo rate at 6 basis points in its fourth bi-monthly monetary policy review of 2017-18. The central bank also kept the reverse repo rate at 5.75 per cent.


BT Online
New Delhi, November 3, 2017
In a big relief to customers, the country's largest lender State Bank of India (SBI) has reduced lending rate on home loan to 8.30%.


BT Online
New Delbi, November 2, 2017
State Bank of India (SBI) has slashed rates on its home and car loans. Following a cut in MCLR by 5 basis points, bank has reduced home loan interest rates to 8.30 per cent


BT Online
New Delhi, November 1, 2017
The State Bank of India (SBI) has slashed its marginal cost lending rates by 5 basis points.


BT Online
New Delhi, October 5, 2017
The Reserve Bank of India (RBI) has suggested bringing in place an external benchmark rate to link lending rates for faster transmission of rate cuts to the borrowers by the banks.


Mail Today Bureau
October 5, 2017
Five members of the committee, including Governor Urjit Patel, voted to keep rates unchanged, while Ravindra Dholakia, a prominent dovish member of the panel, voted for a cut of at least 0.25 per cent.


BT Online
New Delhi, October 4, 2017
The Reserve Bank of India (RBI) on Wednesday kept repo rate unchanged at 6% and cut statutory liquidity ratio (SLR) requirement by 50 basis points to 19.5 per cent in anticipation of upside risks to retail inflation.


BT Online
October 4, 2017
The central bank revised real GVA growth projection for 2017-18 down to 6.7 per cent from the August 2017 projection of 7.3 per cent


Anand Adhikari
New Delhi, August 2, 2017
Will the commercial banks follow the example of the central bank and slash their lending rates or carry on as they were? Here's a look.


BT Online
New Delhi, August 2, 2017
A Forrester India report mentioned that the cumulative gross sale from festive season sales of Flipkart and Amazon in 2016 was Rs 5,739 crore.


BT Online
August 2, 2017
The six-member Monetary Policy Committee (MPC) led by governor Urjit Patel began a two-day meet on Tuesday to deliberate on the bank's stance on key rates.


BT Online
New Delhi, June 7, 2017
The Monetary Policy Committee (MPC) met today for the second edition of bi-annual policy meeting to review the interest rates.


BT Online
New Delhi, April 6, 2017
The S&P BSE Sensex ended the day at 29,927.34, down 46.90 points (0.16%) while the Nifty50 ended the day at 9,261.95, down 3.20 points (0.03%).


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