Bplr

For better transmission, the structural factors should first be resolved. That’s a tough task and prescribing interest rate formulae is the easy way out.

SBI lowers base rate, BPLR by 30 bps; leaves MCLR unchanged

The nation's largest lender revised down the base rate to 8.65 per cent for existing customers from 8.95 per cent, while the BPLR is down from 13.70 per cent to 13.40 per cent.

SBI makes EMIs cheaper, cuts benchmark lending rate by 0.15%

Ahead of the Reserve Bank of India‘s (RBI‘s) monetary policy this week, the country’s largest bank, State Bank of India (SBI), on April 3, 2017, reduced its benchmark lending rate by 0.15% to 9.10%, &#82

How are home loan rates charged by banks and housing finance companies

Basis of home loan interest rates charged by housing finance companies Housing finance companies (HFCs) are regulated by the National Housing Bank Limited (NHB), a subsidiary of the RBI. The funding of housing finance &#82

Bank of Baroda cuts lending rate by 0.1%

The state-run bank slashed the base rate by 10 basis points to 9.90 percent from 10 percent and Benchmark Prime Lending Rate (BPLR) was also reduced by same points from 14.25 percent to 14.15 percent, BoB said in a statement.

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.

HDFC Bank cuts auto loan rates by upto 0.5%

Taking a cue from RBI's rate cut yesterday, private sector HDFC Bank has decided to slash auto loan rates by upto 0.5 per cent.

SBI sees more room for lending rate cuts

India's largest lender the State Bank of India (SBI) on Monday hinted at further rate lending rate cuts going forward. However, the lender ruled out any further reduction in base rate, the benchmark rate below which, RBI does not allow to lend.

SBI cuts BPLR by 25 bps to 14.5%; stock gains

State Bank of India (SBI) has cut BPLR by 25 bps to 14.5%, reports CNBC-TV18. At 09:18 hrs the share was quoting at Rs 2,237.10, up Rs 24.50, or 1.11%. It has touched an intraday high of Rs 2,239.50 and an intraday low of Rs 2,215.

HDFC Bank cuts base rate and BPLR by 20 bps

India's second largest private sector lender HDFC Bank on Friday reduced its base rate by 20 basis points to 9.80% effective from June 30. With this, its benchmark prime lending rate (BPLR) too decreased to 18.30%.

Indian Bank cuts BPLR and base rate by 0.25%

Public sector Indian Bank has reduced its benchmark prime lending rate (BPLR) by 0.25% with effect from May one.

Syndicate Bank to cut base rate by 25 bps

Syndicate Bank will cut base rate by 25 bps to 10.50% and BPLR by 25 bps to 14.75% from May 1. They will also cut deposit rates on some tenure from April 23, reports CNBC-TV18.

ICICI Bank cuts lending rates by 25 bps

ICICI Bank today became the first major bank to cut its lending and deposit rates by 0.25% following the Reserve Bank cutting interest rates by 0.50% two days ago.

Lending rates to come down in medium-term: IDBI Bank

In an interview to CNBC-TV18, P Sitaram, chief finance officer, IDBI Bank says that he expects lending rates to come down in the medium term.

Dhanlaxmi Bank raises rates by 25-50 bps

Private sector lender Dhanlaxmi Bank hiked its base rate and benchmark prime lending rate or BPLR by 25 and 50 basis points to 10.75% and 20.25% respectively with effect from September 19.

Dhanlaxmi Bank hikes base rate by 25 bps to 11%

Dhanlaxmi Bank has hiked base rate by 25 bps to 11% and BPLR by 50 bps to 20.75%, reports CNBC-TV18, quoting NewsWire18. It touched an intraday high of Rs 79.65 and an intraday low of Rs 78.55. At 11:45 hrs the share was quoting at Rs 78.95, down Rs 0.60, or 0.75%.

How home loan buyers can benefit from the base rate

Base rate and benchmark prime lending rate (BPLR) are quite familiar terminologies among corporate borrowers. However, a retail customer still struggles to unfurl the difference behind it. Finally, he ends up paying extra interest cost for a loan taken before July, 2010.

HDFC Bank hikes base rate by 50 bps; stock down

HDFC Bank touched an intraday high of Rs 480 and an intraday low of Rs 465.15. At 14:00 hrs the share was quoting at Rs 466.50, down Rs 1.75, or 0.37%.

SBI hikes base rate by 50 bps to 10%; stock up

State Bank of India (SBI) touched an intraday high of Rs 2,275.15 and an intraday low of Rs 2,261.25. At 09:36 hrs the share was quoting at Rs 2,265, up Rs 14.70, or 0.65%.

ICICI Bank hikes base rate by 50 bps to 10%

ICICI Bank hiked base rate by 50 bps to 10% and BPLR by 50 bps effective August 13, reports CNBC-TV18. It touched an intraday high of Rs 961.45 and an intraday low of Rs 952.35. At 09:26 hrs the share was quoting at Rs 953.15, up Rs 10.75, or 1.14%.

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.

Indian Bank revises Benchmark Prime Lending Rate

Public sector Indian Bank has revised the Benchmark Prime Lending Rate (BPLR) and Base Rate with immediate effect.

Bank of India ups its base rate, BPLR by 0.75%

State-run lender Bank Of India today raised its base rate by 75 basis points in the wake of rate tightening done by the Reserve Bank on Tuesday. The bank hiked its base rate or the minimum rate of lending by 75 basis points to 10.75% with immediate effect, it said in a statement issued here.

Bank of Baroda hikes base rate by 25 bps; stock down

Bank of Baroda has hiked base rate by 25 bps to 10.25% and hiked BPLR by 25 bps to 14.5%, reports CNBC-TV18. It touched an intraday high of Rs 874 and an intraday low of Rs 858.40. At 13:16 hrs the share was quoting at Rs 868, down Rs 9.30, or 1.06%.

Base rate methodology: Banks seek extension from RBI

Banks want more time to figure out on which rate they will calculate their base rate. Last April the Reserve Bank of India had directed banks to shift to the base rate or minimum lending rate mechanism from the earlier BPLR regime.