In a meeting with the country's top bankers, Finance Minister P Chidambaram on Tuesday said that Government banks must reduce interest rates for loans. PSU banks took the lead from Chidambaram and indicated rate cuts.
Finance Secretary Arun Ramanathan on Wednesday met private bankers.
http://www.ibnlive.com/news/finance-secretary-meets-private-bankers-hopes-rate-cut/77523-7.html
This effectively will means home loan and other consumer loans EMIs could soon cost less.
http://www.ibnlive.com/news/fm-meets-bankers-asks-for-interest-rate-cuts/77415-7.html
Cut in CRR and fall in inflation has renewed expectations of interest rate cut by banks.
http://www.ibnlive.com/news/banks-may-reduce-both-lending-deposit-interest-rates/75977-7.html
Inflation has maintained a downward trend for the third week in a row.
http://www.ibnlive.com/news/inflation-dips-to-121-pc-for-the-week-ended-aug-30/73373-7.html
A group of foreign banks have been restrained from charging interest.
http://www.ibnlive.com/news/foreign-banks-move-sc-on-interest-rates-on-credit-cards/73137-7.html
With a revision in interest rates, credit growth will naturally get moderated
http://www.ibnlive.com/news/upward-surge-in-interest-rates-likely-to-continue/69871-7.html
Sources say that growth in money supply is likely to cool off soon.
http://www.ibnlive.com/news/upward-surge-in-interest-rates-to-continue/69119-7.html
Taken a home loan or a car loan? Read on. Banks hike interest rates
http://www.ibnlive.com/news/numbercrunching-what-loan-rate-hike-means-for-you/68063-7.html
SBI hiked interest rates on all credit linked to prime lending rates.
http://www.ibnlive.com/news/sbi-hikes-interest-rates-on-home-car-loans/68019-7.html
Interest rates on fixed deposits have been raised from 35 to 50 basis points.
http://www.ibnlive.com/news/sbi-increases-interest-rates-on-domestic-term-deposit/66045-7.html
What you must know about the new credit policy of RBI.
http://www.ibnlive.com/news/in-your-interest-how-rbi-policy-impacts-you/64479-7.html
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