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Axis Bank slashes base rate by 35 bps to 9.5%
India’s largest lender, SBI, cut its base rate by 40 basis points (bps) to 9.3 per cent from 9.7 per cent, effective from October 5.
Posted On Oct 07 2015
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Banks cut interest rates; loans to turn
Axis Bank, private sector bank in India, announced that the bank has reduced its base rate by 35 basis points to 9.50% with effect from October 05, 2015. (The move could pave the way for a relook at the system of base rates – the floor lending rate for banks – and the...
Posted On Oct 03 2015
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After RBI cuts repo rate, banks start passing benefits to customers
Axis Bank, private sector bank in India, reduced its base rate by 35 basis points to 9.50% with effect from October 05, 2015.
Posted On Oct 03 2015
