Kolkata-based Allahabad Bank hiked its base rate by 0.5% to 9.5% and BPLR by 0.25% to 13.5% respectively Two state-run lenders, Allahabad Bank and Punjab & Sind Bank on Monday hiked their lending rates by up to half a percentage point, becoming the first banks to up their rates after the Reserve Bank of India [...]
Tags: Allahabad Bank, base rates, Benchmark Lending, benchmark prime lending rate, borrowing rates, BPLR, interest rates, Lending rates, Punjab, RBI, Reserve Bank, short-term, Sind Bank
Posted February 7, 2011 by ][-NooM-][ under Benchmark Lending, More Bank
Home prices in some of China’s major cities, such as Beijing, have more than doubled over the past two years due to easy credit and low lending rates. Authorities of Chongqing and Shanghai municipalities announced Friday they would kick off the long-awaited trial property taxation, starting from Jan. 28, amid the latest measures to cool [...]
Tags: Beijing, Benchmark Lending, benchmark lending rates, Home Buyers, housing price, Lending rates, property tax, real estate market, residents, Shanghai, taxes
Posted January 28, 2011 by ][-NooM-][ under Benchmark Lending, More Property
Some Chinese banks have sharply raised lending rates to rein in credit growth following a steep increase in new loans this month, the China Securities Journal reported Wednesday, citing unnamed industry sources. The lending rates on one state-run bank’s loans to borrowers in industries that are highly polluting or which have overcapacity are 45% higher [...]
Tags: Banks Raise, benchmark lending rate, Central Bank, China Banks, commercial bank, credit growth, Curb Loans, interest rates, Lending rates, PBOC, Property loans
Posted January 28, 2011 by ][-NooM-][ under Benchmark Lending
In line with market trends, IDBI Bank today announced an increase in deposit rates and lending to a maximum of 100 basis points. Although the interest rates on deposits of different maturities will be increased from 25 to 100 basis points, the lending bank could also become expensive, with the lender has increased the interest [...]
Tags: benchmark prime lending rate, BPLR, deposit rates, ICICI Bank, IDBI Bank, interest rates, Lending rates, loan rates, Reserve Bank
Posted December 17, 2010 by ][-NooM-][ under Benchmark Lending
Equated monthly installments (EMIs) on Home loans for customers linked to the old benchmark prime lending rate (BPLR) have gone up after two of the largest private banks HDFC and ICICI Bank increased their rates last week. However, customers who have shifted to the new base rate regime have a respite as the base rates [...]
Tags: base rates, Benchmark Lending, benchmark prime lending rate, BPLR, deposit rates, EMIs, HDFC, Home Loan, ICICI Bank, increases rate, Lending rates, RBI, SBI
Posted December 7, 2010 by ][-NooM-][ under Benchmark Lending, More Real Estate
Central Bank of Kenya (CBK) said it will adjust the target signal that monetary policy after two years of loose money has reduced interest rates and increase in trade receivables. Monetary Policy Committee (MPC) interest rate cuts CBK Benchmark Lending 300 basis points between the end of 2008, and July. But last week the Board [...]
Tags: Benchmark Lending, CBK, Central Bank, exchange rate, financial depth, financial innovation, interest rates, international markets, investment returns, investors, Kenya economy, Lending rates
Posted December 2, 2010 by ][-NooM-][ under Benchmark Lending
Lending rates have started rising after more than two years. Five banks have increased their benchmark lending rate or the base rate even as the country’s largest lender, State Bank of India (SBI), decided to maintain status quo. All corporate and retail loan rates linked to the base rate will now go up. Among government-owned [...]
Tags: Allahabad Bank, base rate, Benchmark Lending, benchmark prime lending, deposit rates, Financial, foreign lender, IDBI Bank, lenders, Lending rates, loan rates, National Bank, raised rates, Reserve Bank, SBI, short-term
Posted October 4, 2010 by ][-NooM-][ under Benchmark Lending, More Bank
