Icici Bank Cuts Rate

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  ICICI Bank Cuts Interest Rates On Saving Deposits

  The private sector lender has cut interest rate on all deposits of less than Rs 50 lakh to 3 per cent, a reduction of by 25 bps against the existing 3.25 per cent.

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  Sensex Down 2,700 Points, Nifty Below 9,200 As Virus Fear Rattles Markets

  Domestic stock markets took yet another hit on Monday amid a global selloff as investors worried about the fast-spreading coronavirus pandemic, even after the US central bank delivered another surprise rate cut to shield the world's largest economy from the outbreak. The S&P BSE Sensex index plunged as much as 2,790 points to hit 31,310 during the...

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  Rate-Sensitive Stocks Ended Lower After RBI Kept Repo Rate Unchanged

  The BSE Auto index shed 115 points or 0.4% at 17,810 and the BSE Bankex weakened by 275 points or 0.7 per cent at 36,147. In the auto space, Tata Motors lost 1.9%, Hero Motocorp lost 1.7%, M&M weakened by 0.3% and Maruti Suzuki shed 0.9%. In the banking space, SBI weakened by 1.6%, Axis Bank lost 1.3 per cent, ICICI Bank shed by 0.2 per cent and HD...

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  Sensex Surges Over 1,400 Points, Nifty Near 11,700; ITC Shares Jump

  Domestic equity benchmarks cheered the government's move to cut corporate tax rates for the second session in a row, with the S&P BSE Sensex index surging 1,426.5 points on Monday afternoon outperforming Asian peers. The broader NSE Nifty 50 benchmark surpassed the 11,650 mark to touch 11,694.85 at the days strongest level, after clocking the bigge...

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  Fixed Deposit Rates: SBI Vs ICICI Bank Vs HDFC Bank Vs Axis Bank

  SBI has cut its bank FD rates by 25 basis points across most maturities, with effect from November 1, 2017.

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  ICICI Bank Cut Interest Rate On Savings Account By 0.5%

  The interest rate on savings bank accounts with deposits of Rs 50 lakh and above remains unchanged at 4 per cent, ICICI Bank said.

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  From State Bank Of India To HDFC: The Cheapest Home Loans Available

  From State Bank of India to ICICI Bank, many lenders cut their interest rates on home loans by 15-30 basis points this month.

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  Big Banks Cut Home Loans Rates, Special Discounts for Women

  ICICI and HDFC's decision comes close on the heels of the State Bank of India and LIC Housing Finance

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  ICICI Bank Cuts Housing Loan Rates By 0.3%

  ICICI Bank said in a statement that it has reduced interest rates by up to 30 basis points for home loans up to Rs 30 lakh.

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  ICICI Bank Cuts Lending Rate By 0.7%

  The reduction in interest rate will bring down interest rate on home and other loans linked to one-year MCLR by similar percentage point.

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  Loans To Get Cheaper Despite No Rate Cut From RBI

  Chanda Kochhar, chief executive of top private sector lender ICICI Bank, said on Wednesday she expected lending and deposit rates to continue to fall.

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  Banks Waive Merchant Discount Rate For All Debit Cards Till December 31

  Leading banks, including ICICI Bank and HDFC Bank, have waived merchant discount rate (MDR) on debit cards till December 31 to facilitate payments by customers following government's move to do away with the charge levied on merchants.

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  SBI, ICICI Bank Cut Lending Rates

  Top two lenders in the country, State Bank of India (SBI) and ICICI Bank, announced a cut of 0.15 per cent and 0.10 per cent in their lending rates respectively under a new system of computation, signalling a further dip in borrowing costs ahead of the busy season.

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  ICICI Bank Cuts Lending Rate

  Banks have moved to the marginal cost of funds-based lending rate as the new benchmark lending rate from June, replacing the base rate system for new borrowers.

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  ICICI Bank Lowers Lending Rates

  Since January 2015, the RBI has reduced repo rate by 175 basis points but banks have reduced their base rates only by 60 basis points.