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Mumbai, Oct 7 (IANS) Erasing the previous week’s losses, key Indian equity indices — the BSE Sensex and the NSE Nifty — closed on a bullish note as positive global cues, along with healthy macro and auto sales data, stimulated investors’.

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MUMBAI: After a 10-month pause, the Reserve Bank today cut benchmark lending rate by 0.25 per cent to over six-year low citing reduction in inflation risk, a move that will lower interest on home, auto. status quo. Commenting on RBI.

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The repurchase (repo) rate, or the interest commercial banks pay the central bank for short-term loans. maintained the status-quo in its key lending rates. "Most IT stocks recovered well from the day’s low. However, banking and auto.

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Mumbai: After a 10-month pause, the Reserve Bank on Wednesday cut benchmark lending rate by 0.25 percent to over.

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Mumbai: Nudged and prodded by RBI, leading banks — SBI, ICICI and HDFC Bank — cut their lending rates by 0.15-0.25 percent despite the status quo in policy rate. retail borrowers including for home and auto loans, came after RBI.

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Mumbai — Erasing the previous week’s losses, key Indian equity indices — the BSE Sensex and the NSE Nifty — closed on a bullish note as positive global cues, along with healthy macro and auto sales. Retail Research, HDFC.

Buoyed by the RBI’s status. auto making most of the gains. The strengthening rupee, which closed 10 paise up at 64.33, also pepped up domestic equities. The central bank left lending rates unchanged citing risks to inflation due to.

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KOLKATA: Hope for further easing of interest rates on home loans and car loans becomes slim with Reserve Bank of. However, State Bank of India and HDFC Bank lowered their respective base rates last week, raising expectation of rate.

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The Reserve Bank on Wednesday slashed benchmark lending rate from 6.25 per cent to 6 per cent citing reduction in upside risk to inflation, a move that will lower EMIs for home, auto and personal loans. Patra voted for status quo.

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Erasing the previous week’s losses, key Indian equity indices — the BSE Sensex and the NSE Nifty — closed on a bullish note as positive global cues, along with healthy macro and auto sales data. Head – Retail Research, HDFC.

The BSE Sensex today closed about 81 points higher at 31,271.28 after the Reserve Bank maintained status quo on policy rates, resulting in gains for rate— sensitive sectors like banking, realty and auto. due to spurt in farm loan waivers.

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Axis Bank is the fourth bank to have cut its lending rate, after the first bi-monthly monetary policy review for fiscal 2015-16 by the central bank, Reserve Bank of India (RBI), on 7 April, in which it decided to maintain a status quo on policy rates.

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