Search For "mclr"
SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): The country's largest lender State Bank of India (SBI) on Wednesday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 to 15 basis points across all tenors.
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BoB, BoI reduce MCLR across tenors
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned Bank of Baroda and Bank of India have reduced their benchmark lending rates across various tenors.
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SBI announces repo rate as external benchmark for all floating rat
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 23 (ANI): The country's largest lender State Bank of India (SBI) said on Monday it has decided to adopt repo rate as the external benchmark for all floating rate loans for micro, small and medium enterprises (MSMEs), housing and retail loans.
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SBI reduces MCLR and interest rates on time deposits across all ma
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
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SBI home, auto loans to become cheaper with MCLR cut by 0.15 pc
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): State Bank of India (SBI) on Wednesday announced a cut in its marginal cost-based lending rates (MCLR), a move that will make car and home loans cheaper from August 10 as these loans are MCLR- linked.
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Syndicate Bank cuts MCLR across tenors by 5 basis points
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], July 13 (ANI): Government-owned Syndicate Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points for various tenors effective July 15.
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SBI reduces its MCLR, housing loan rates from April 10
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by the Reserve Bank of India (RBI), the State Bank of India (SBI) on Tuesday, reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps across all tenors, resulting in MCLR coming down f
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Linking bank deposit rates with repo rates to speed up transmissio
Updated : 2 years, 1 month ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar said on Saturday that the country's biggest lender will link its rates of bank deposits for Rs 1 lakh and above with Reserve Bank of India's repo rate.
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Bank of Baroda reviews lending rates
Updated : 2 years, 10 months ago IST
New Delhi [India], June 06, (ANI): Bank of Baroda has reviewed its benchmark lending rates i.e. marginal cost of funds based lending rates (MCLR) across various tenors.
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SBI, PNB hike lending rates
Updated : 3 years, 1 month ago IST
New Delhi [India], March 01 (ANI): The Punjab National Bank (PNB) on Thursday increased its Marginal Cost of Funds Based Lending Rate (MCLR) by 15 bps, with immediate effect.
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RBI to link base rate with MCLR
Updated : 3 years, 2 months ago IST
New Delhi [India] February 8 (ANI): The Reserve Bank of India (RBI) on Thursday said that it will link the base rate with the Marginal Cost of Funds based Lending Rates (MCLR) from April 1 to ensure expeditious transmission of its policy rate to borrowers.
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RBI grants payment extension to select MSMEs
Updated : 3 years, 2 months ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): In a bid to relieve Micro, Small and Medium Enterprises (MSMEs) of payment-related woes, the Reserve Bank of India (RBI) on Wednesday announced that select companies would be provided additional time to repay loans.
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