Union Bank of India Cuts Lending Rates

Union Bank of India cuts lending rates

Union Bank of India aligns lending rates with RBI's 50 basis point cut, benefiting retail and MSME borrowers.

Eyes on banks to cut loan rates as Equity leads the way

Pressure is mounting on commercial banks to reduce loan rates following a recent cut in the Central Bank Rate (CBR), Equity Bank among the first to respond.

‘Risky’ Agriculture Sector Attracting Highest Lending Rates In Uganda-Report » Business Focus

Agriculture is the backbone of Uganda’s economy but the sector continues to get highest interest rates Agriculture sector tops the sectors with highest lending rates in Uganda, Bank of Uganda’s Annual Report for 2023/2024, has revealed. The report says in 2023/2024, interest rates varied among sectors primarily due to differences in risk profiles. “Over the year, the sectors with the highest lending rates, above the industry average, were Agricu…

Equity Bank commits 30% of loan book to agriculture, sets new benchmark for Rwanda’s financial sector

Equity Bank Rwanda has committed to allocating a minimum of 30 per cent of its loan portfolio to agriculture, a move designed not only to inject capital into the sector, but to cat...