New Delhi: State Bank of India (SBI) on Monday ruled out any immediate cut in lending rates even as the Reserve Bank had reduced policy rate by 0.25 per cent earlier this week.
“With repo rate (short

State Bank of India, the country's biggest lender, may not cut lending rates in the near term as costs of deposits continue to be high, chairman Pratip Chaudhuri said on Monday, after the bank lowered

The country's largest private sector lender ICICI Bank on Thursday became the first major bank to cut its lending and deposit rates by 0.25 per cent following the Reserve Bank cutting interest rate

New Delhi: Driven by higher prices of essential items, inflation moved up to 8.62 per cent in September, with experts saying that it will prompt RBI to hike its short-term lending and borrowing rates

New Delhi, July 19: The country's largest private lender, ICICI Bank, today said it expects lending rates to go up after September as credit offtake is likely to pick up in the second half of the curr