In response to the recent uptick in the repo rate, State Bank of India has elevated its External Benchmark-linked Rates and ...
The State Bank of India (SBI), the country’s largest public sector bank, has increased its Marginal Cost of Funds Based ...
Decision covers all MCLR-linked tenures, but impact on interest rate and EMI will depend on benchmark and terms of a loan ...
The South Indian Bank Limited has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR) across ...
South Indian Bank has raised MCLR by 5 basis points across tenures. Revised rates range from 8.20% to 9.50%, effective ...
HDFC Bank has cut MCLR rates by up to 15 bps across tenures from overnight to 3 years. Check the new rates and what they mean ...
Good news for bank customers. HDFC Bank’s recent announcement involves a reduction in its MCLR, with changes effective from ...
State Bank of India has raised its Marginal Cost of Funds Based Lending Rate by 15 basis points across five tenures, ...
July 2026 sees slight easing in fresh lending and deposit rates, while MCLR rises, indicating stable yet elevated funding costs.
The implementation of changes to MCLR-based loans is relatively slow as the transmission process involves two stages - the bank revising MCLR and the borrower's loan reaching its reset date. Nowadays, ...
The MCLR (Marginal Cost of Funds Based Lending Rate) is the lowest or minimum interest rate below which financial institutions are not permitted to grant loans.(Photo: iStock) The public sector lender ...
As the Reserve Bank of India (RBI) started reducing interest rates early this year, with a bonus 50-basis point cut in the recent June monetary policy, borrowers have had something to cheer about as ...
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