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  • RBI, Pre payment penalty, loans to cost cheaper rbi makes first cut in 3 yrs, Loans cheaper

    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: RBI, Loans cheaper, Repo Rate, Pre payment penalty

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    lending rate, home loans, state bank of india slashes minimum lending by 0 4, Loans cheaper

    State 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: lending rate, Andhra Bank, monetary policy, home loans

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