Axis Bank Cuts Lending Rates By Upto 0.70%

India's third largest private sector lender Axis Bank on Friday said it will reduce its lending rates by 0.65-0.70 per cent across various tenures from next Wednesday following similar move by other banks after a bulk infusion of liquidity arising from the demonetisation move.....

 

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Cutting Base Rates By SBI, HDFC Is Smart Move: Jefferies

Large lenders have smartly cut their base rates to slow down the borrowers from switching to marginal cost of fund based lending rate (MCLR) and in the process protect their margins, said investment banking firm Jefferies.....

 

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SBI Cuts Interest Rates On Home Loans, Fixed Deposits

Country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced rates on term deposits.....

 

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