Try GOLD - Free
Banks resume lending rate hike after 3 months
Financial Express Kochi
|December 03, 2025
• 14 bps hike in October
AFTER A GAP of three months, banks have resumed raising interest rates on fresh loans.
The rates increased by 14 basis points in October to 8.64% from 8.50% in September. Between July and September, banks had cut interest rates on new loans by 31 bps after hiking rates in July by 19 bps from 8.62% in June.
The hike in lending rates comes against the backdrop of the Reserve Bank of India (RBI) cutting the repo rate by 50 basis points in June to 5.5%. System credit in October grew 11.1% yo-y compared with 10.2% in September.
This story is from the December 03, 2025 edition of Financial Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kochi
Financial Express Kochi
'Manufacturing-led growth, its won't be left behind'
US TRADE DEAL, SAYS NIRMALA SITHARAMAN
9 mins
February 05, 2026
Financial Express Kochi
Tata Power profit drops 25% to ₹772 cr in Q3
MISSES ESTIMATES
1 mins
February 05, 2026
Financial Express Kochi
Diversifying energy sources at core of our strategy: Goyal
India, US set to complete trade deal paperwork shortly
2 mins
February 05, 2026
Financial Express Kochi
TMB raises credit growth outlook after strong Q3
TAMILNAD MERCANTILE BANK (TMB) on Wednesday raised its credit growth guidance for the current fiscal to 16-17% following strong third-quarter performance, which saw total advances cross ₹50,000 crore, driven by retail and MSME lending.
1 min
February 05, 2026
Financial Express Kochi
Sebi mulls easing ‘fit & proper person’ framework for market intermediaries
THE SECURITIES AND Exchange Board (Sebi) on Wednesday proposed easing the ‘fit and proper person’ criterion for market intermediaries (MIs), aiming to bring greater procedural clarity and fairness to the regulatory process.
1 min
February 05, 2026
Financial Express Kochi
Corporate bond mkt eyes total return swaps boost
THE BUDGET PROPOSAL to introduce total return swaps (TRS) in the corporate bond market could marka structural shift in the process of investors accessing credit risk, liquidity creation, price discoveries inthe largely-illiquid secondarybond market, experts said.
2 mins
February 05, 2026
Financial Express Kochi
Washington Post lays off hundreds of journalists
THE WASHINGTON POST began widespread layoffs on Wednesday that will drastically shrink the size of the storied newspaper, affecting all departments, according to a recording of the call shared with Reuters.
1 min
February 05, 2026
Financial Express Kochi
Energy, critical minerals in focus as Jaishankar meets top US officials
A DAY AFTER India and the US announced a trade deal, External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio and Secretary of the Treasury Scott Bessent in Washington DC.
2 mins
February 05, 2026
Financial Express Kochi
Bajaj Finserv Q3 net profit almost flat at ₹2,229 cr
BAJAJ FINSERV ON Wednesday reported a marginal decline in its net profit for the October-December quarter to ₹2,229 crore, compared with ₹2,231 crore in year-ago period.
1 min
February 05, 2026
Financial Express Kochi
IT firms split over AI use in coding recruitment test
AS ARTIFICIAL INTELLIGENCE (AI) becomes embedded in everyday software development, technology companies are still divided on whether candidates should be allowed to use AI tools during technical hiring rounds.
1 mins
February 05, 2026
Listen
Translate
Change font size