Banking & Finance News

Axis Bank cuts deposit rates by 50 bps

Axis Bank cuts deposit rates by 50 bps

Axis Bank, country's third largest private sector lender, today cut its deposit rates, generally considered a precursor for a lending rate cut, by up to 0.50 per cent across maturities.

HDFC Bank cuts base rate by 35 bps to 9.35%; lowest in industry
HDFC Bank cuts base rate by 35 bps to 9.35%; lowest in industry

After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank today lowered its base lending rate by 0.35 per cent to 9.35 per cent...

Horoscope: By Peter Vidal

Today ( 01 Sep )This Week ( 30 Aug - 05 Sep )

SAGITTARIUS Your spirit will be lifted by certain key developments. Specifically you may be the fortunate recipient of a financial windfall, possibly one whose source is far from clear. Secret, generous gestures will work in your favour, and… read more