There is cheer in the market as news about public sector banks being ready to cut interest rates on home loans reaches consumers. The benefit will trickle down only for those who have loans less than Rupees 20 lakhs, though. The announcement is likely in a day or two.
The RBI had cut CRR recently and is continuously monitoring the markets.
http://www.ibnlive.com/news/rbi-cuts-repo-rate-by-100-bps--bankers-surprised/76273-7.html
RBI has crafted out careful measures to avert a crisis like the one in US or UK.
http://www.ibnlive.com/news/rbi-reinvents-game-more-cash-poured-in-to-beat-crunch/75902-7.html
Cut in CRR could bring good news to home loan borrowers.
http://www.ibnlive.com/news/rbi-uses-the-axe-home-loan-rates-may-go-down/75251-7.html
The new Cash Reserve Ratio of 8.5 per cent will be effective from October 11.
http://www.ibnlive.com/news/rbi-cuts-crr-by-50-basis-points-interest-rates-may-fall/75165-7.html
RBI has once again increased key interest rates, which means costlier loans.
http://www.ibnlive.com/news/what-do-rising-repo-rates-mean-for-average-consumers/67787-7.html
With RBI hiking rates, banks may be following suit anytime now.
http://www.ibnlive.com/news/rbi-hikes-rates-banks-may-follow-suit/67761-7.html
RBI has hiked the two key interest rates in order to curb inflation.
http://www.ibnlive.com/news/rbi-hikes-rates--banks-may-follow-suit/67736-7.html
The country's largest public sector lender announced this on Thursday.
http://www.ibnlive.com/news/no-hike-in-interest-rates-in-the-short-term-sbi/64314-7.html
Network 18 poll finds out what the experts what the annual credit policy will be like.
http://www.ibnlive.com/news/rbi-likely-to-hike-repo-rates-industry-experts/64146-7.html
ICICI Bank says auto loan rates won't soften atleast for the next 3 months.
http://www.ibnlive.com/news/car-loans-wont-get-any-cheaper-says-icici/46165-7.html
It has left the bank rates unchanged at 7.75 per cent.
http://www.ibnlive.com/news/rbi-raises-crr-rate-by-50-basis-points/45979-15.html
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