Base Rates

While three members highlighted the need to change the stance from accommodative to neutral, four mentioned that inflation excluding food and fuel remains “sticky” at close to 5 percent

Credit growth for banks to pick up gradually: CRISIL

Demand for credit would rise gradually from next fiscal, driven by falling differential between the base rates of banks and capital market rates, and healthy retail credit growth. Loan growth is projected at 12-14% for the next fiscal.

Won't cut base rates, but peers might in Q4: Federal Bk

In an interview to CNBC-TV18, Shyam Srinivasan, managing director and chief executive officer, Federal Bank says the bank may not be able to cut rates any further, but says other banks may be able to cut base rates only around the next policy.

Exposure to Amtek; see 25 bps cut by RBI: IDBI Bank

Believes Amtek is trying to provide confidence to bond holders, says Kishor Kharat MD & CEO at IDBI Bank.

Retail credit to grow 40% on back of rate cut: Vijaya Bank

This is the third base rate cut this week with HDFC Bank paring rates to 9.35 percent effective Tuesday and Canara Bank trimmed rates to 9.9 percent effective Thursday.

'New base rate computation method can hit banks' profits'

If the draft RBI guidelines are implemented in its current form, it may have a significant impact on profits of banks because return on assets (RoA) will fall by 20 basis points in fiscal year 2017, says Pawan Agrawal, chief analytical officer at Crisil Ratings

Now PNB, IDBI Bank cut lending rate by 0.25%

Punjab National Bank (PNB) has revised downwards the base rate or minimum lending rate to 10 percent from 10.25 percent, effective May 7. However, the new base rate of IDBI Bank would be effective from May 11.

3 midcaps best placed to gain from RBI rate cuts: JP Morgan

According to a JPMorgan note, focus needs to be on companies that have moderate leverage and can use rate cuts to increase growth in their business.

Despite weak Q3 nos, OBC unlikely to raise base rates: CMD

SL Bansal of OBC believes it is difficult to pass on the increased lending rate to the customer as it will cause a lot of stress on the borrower.

SBI hikes base rates by 20 bps to 10%

State Bank of India's decision to raise base rates comes on the back of increased costs of funds, its chairperson Arundhati Bhattacharya tells CNBC-TV18 in an interview.

Decision on hiking rates post Sept 30: Indian Overseas Bank

M Narendra, chairman and managing director, Indian Overseas Bank, in an interview to CNBC-TV18 said the bank will have to take a closer look at the spread and credit demand before it takes any call on its rates.

Not hiking base rates; deposit growth key: Bank of India

VR Iyer of Bank of India says that currently there is no need to increase the base rates as its liquidity position is 'fairly comfortable'. She told CNBC-TV18 that deposit growth in the times to come will decide whether to increase deposit rates, which will result in hiking base rates too.

Need for deposit rate hike; see NIMs at 3%: Bank of Mah

More than 30 percent of Bank of Maharashtra's deposits are in interest-sensitive deposits, which come to more than Rs 1 crore, and unless the cost of deposits is increased, the bank may not be in a position to retain these deposits

Base rate hike won't impact sales: Parsvnath Developers

Property prices keep increasing on the back of hike in input costs, but that does not affect sales, says Pradeep Jain, Chairman, Parsvnath Developers.

YES Bank hikes base rate to 10.75%; revises deposit rates

Yes Bank has also consequently revised its Base Rate to 10.75% (an increase of 0.25%) effective August 1, 2013

Will review rate-cut decision in next 7-8 days: OBC

SL Bansal, CMD, OBC says, in an interview to CNBC-TV18, that the cut in base rate was deferred due to market volatility and would be reviewed in the seven-to-eight days.

Will relook at base rates if deposit costs soften: BoB

Bank of Baroda will take a good look at assess cost of fund, and if there is a softening in the cost of deposits, then the bank will relook at base rates

Syndicate Bank cuts base rate by 0.25%

State-owned Syndicate Bank today announced a cut of 0.25 percent in its base rate to 10.25 percent with effect from February 13. The bank also revised downward its benchmark prime lending rate (BPLR) by similar margin to 14.50 percent.

SBI cuts lending rates by 50-350 bps across categories

India's largest public sector lender cuts lending rates across various categories by 50-350 basis points today.

SBI hikes lending rates by 50 basis points

India’s largest lender, the state bank of India or SBI on Friday hiked its base rates by 50 basis points to 10% with effective from August 13. The benchmark prime lending rate or BPLR also went up by similar percentage points to 14.75%. This will make loans for existing borrowers costlier by at least 50 basis points.

Yes Bank hikes base rates by 50 bps to 10.25%

Yes Bank touched an intraday high of Rs 333.10 and an intraday low of Rs 320.25. At 13:13 hrs the share was quoting at Rs 324, down Rs 8.65, or 2.60%.

SBI is playing catch-up: CFO

Following the large hike in its base rates by 75 bps, Diwakar Gupta, CFO, SBI, told CNBC-TV18 that the bank is compensating for a sluggish rise in the past. In spite of the number being large, they still compare among peers as having low rates, he said.