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NEWS
Slowing Indian bank lending overshadows economic rebound hopes
Thu, Oct 17, 2019     Source : Economic Times
Credit growth by banks had nearly halved to 8.8% at the end-September from the start of the year.
NEWS
SBI to use repo rate as benchmark to price MSME, retail loans from Oct 1
Tue, Sep 24, 2019     Source : Business Standard
Also, link pricing credit to Medium units to the repo rate
NEWS
SBI withdraws repo rate-linked home loan scheme
Fri, Sep 20, 2019     Source : Mint
State Bank of India (SBI) has withdrawn the repo-rate linked home loan scheme. The country's largest bank said this on Twitter while responding to a customer's query.
NEWS
SBI to move RBI to offer fixed-floating rate home-loans: Chairman Rajnish Kumar
Mon, Sep 16, 2019     Source : Economic Times
Kumar said there is a lack of clarity on how it can go ahead with the fixed rate products, after the RBI's new regulations on floating rates.
NEWS
Banks not to link small deposits to repo rate
Thu, Aug 29, 2019     Source : Economic Times
Bankers have expressed concerns over the falling deposit rates, especially for senior citizens, who largely live on their interest earnings.
NEWS
FM pushes for repo rate linked loans: RLLR loan features decoded
Sat, Aug 24, 2019     Source : Financial Express
Earlier, the lending used to be on Base Rate of banks while from April 2016, the industry moved on to the MCLR linked loans.
NEWS
RBI governor says time other banks linked loans, deposits to repo rate
Tue, Aug 20, 2019     Source : Economic Times
Das explained that the RBI has kept the external benchmarks in abeyance earlier because "we wanted to see how the market evolves.
MUTUAL FUNDS NEWS
Changes to expect in debt MF returns after RBI’s rate cut
Thu, Aug 08, 2019     Source : Mint
In a widely expected move, RBI cut the policy repo rate by 35 basis points (bps) to 5.4% in its monetary policy committee (MPC) meeting on Wednesday.
NEWS
To push growth, RBI cuts repo rate by 35 basis points to 5.4%
Thu, Aug 08, 2019     Source : Mint
India’s central bank announced an array of conventional and unconventional measures to boost slowing economic growth, including reducing the benchmark interest rate by an irregular 35 basis points (bps), i...
NEWS
SBI to link home loans to repo rate from July
Sat, Jun 08, 2019     Source : Economic Times
SBI has also announced to pass on 25 bps repo rate cut to some cash credit borrowers.
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Do you think the government will be able to prevent the Rupee from falling further?
Sep 12 , 2018

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