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Loans to cost cheaper, RBI makes first cut in 3 yrs 2012-04-17 11:12:28
In a welcome move the RBI, the governing authority in the country made the first cut in policy rate. And this cut was the first one in three years. The Reserve Bank of India announced its first cut in three...
Keywords: Loans cheaper, Loans cheaper, RBI Governor., RBI Governor.
Read MoreState Bank of India slashes minimum lending by 0.4% 2015-09-29 12:45:41
As soon as the Reserve Bank reduced in repo rate, State Bank of India (SBI), the country’s largest lender, has cut minimum lending or base rate by 0.4% to 9.3% with effect from 5 October 2015. This has set a...
Keywords: monetary policy, SBI, home loans, monetary policy
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