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According to Bank of America Merrill Lynch (BofAML), the global financial services major, a reduction in lending rates by 25 bps before the busy season starts in October is likely to give loan demand a leg-up.

Lower lending rates likely post RBI policy action: BofAML

The outlook on the asset quality of the banking sector seems to be weak even as the fresh non-performing asset (NPA) generation rate continues to show signs of moderation.

60-year low credit growth is a warning bell for banks 

The company said that this interest rate cut will benefit all existing customers.&nbsp;

Cheaper home loans: HDFC cut retail prime lending rate for existing customers

RBI has cut repo by 1.75% since January 2015.

RBI maintains status-quo on rates

India's GDP accelerated to 7.3%&nbsp;in the September quarter.

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August retail inflation eased to a 5-month low of 5.05%&nbsp;but WPI inflation climbed to a two-year high of 3.74%.

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She said the interest subvention scheme announced for exporters has been helpful in dealing with the impact of global demand slowdown.

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On the domestic front, several factors are helping to support the recovery.

Full text: Here's what Rajan said in his last monetary policy review

For Rajan, this was the last monetary policy announcement as he will be stepping down from the post on September 4.

RBI monetary policy: Raghuram Rajan says no rate cut

The committee submit their feedback through e-mail and their recommendations are only for consultative purposes.

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In the second bi-monthly monetary policy meeting of this fiscal, RBI kept the repo rate unchanged at 6.50%.

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RBI retained its inflation projections that it provided in its April policy meeting as it waits for clarity on the monsoon season.

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Rajan, criticised for following hawkish monetary policy for too long before starting to lower rates, has reduced the benchmark interest rate by 1.5%.

Will Rajan meet experts' expectations tomorrow?

rates-cut

According to Bank of America Merrill Lynch (BofAML), the global financial services major, a reduction in lending rates by 25 bps before the busy season starts in October is likely to give loan demand a leg-up.

The outlook on the asset quality of the banking sector seems to be weak even as the fresh non-performing asset (NPA) generation rate continues to show signs of moderation.

The company said that this interest rate cut will benefit all existing customers. 

RBI has cut repo by 1.75% since January 2015.

India's GDP accelerated to 7.3% in the September quarter.

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rates cut News- Zee Business provides latest news on rates cut, rates cut news Today, Top News on rates cut, update on rates cut Stay updated with business news, breaking news headlines.

Rates Cut

Lower lending rates likely post RBI policy action: BofAML

60-year low credit growth is a warning bell for banks

Cheaper home loans: HDFC cut retail prime lending rate for existing customers

RBI maintains status-quo on rates

BofA downgrades FY17 growth forecast to 6.9% amid demonetisation

First MPC meeting begins; will RBI opt for status quo on rate?

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