Search For "marginal cost of funds based lending rate"
SBI raises lending rates by 5 to 10 bps, new loans to cost more
Updated : 1 year, 10 months ago IST
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based Lending Rate (MCLR) by 5-10 basis points for most tenors.
Read More
Banks may increase loan interest rate by 100-150 bps in FY24 amid tighteni
Updated : 3 years, 2 months ago IST
The rating agency opines that the transmission of monetary policy in the banking system could intensify in FY24 driven by the sharp rise in bank's marginal cost of funding.
Read More
Home Loan Interest Rates Are Rising. How Does It Affect You
Updated : 3 years, 4 months ago IST
New Delhi [India], January 13 (ANI/ATK): With rising costs, different financial institutions have increased the interest rate on home loans. This can turn out to be an additional burden on your finances and lead to disruption of your monthly budget. This can lead your family to compromise
Read More
Bank of Baroda hikes lending rates by upto 15 basis points
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Bank of Baroda said on Monday it has decided to hike the Marginal Cost of Funds Based Lending Rate (MCLR) by upto 0.15 per cent or 15 basis points with effect from 12th July.
Read More
HDFC Bank hikes lending rates by 0.35 per cent; EMIs to go up
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): India's largest private sector lender HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by 0.35 per cent or 35 basis points across all tenures, effective from June 7.
Read More
SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 6 years, 2 months 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.
Read More
SBI reduces MCLR and interest rates on time deposits across all maturities
Updated : 6 years, 8 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.
Read More
Syndicate Bank cuts MCLR across tenors by 5 basis points
Updated : 6 years, 10 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.
Read More
SBI reduces its MCLR, housing loan rates from April 10
Updated : 7 years, 1 month 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
Read More
Bank of Baroda reviews lending rates
Updated : 7 years, 12 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.
Read More
SBI, PNB hike lending rates
Updated : 8 years, 3 months 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.
Read More
RBI to link base rate with MCLR
Updated : 8 years, 3 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.
Read More