Search For "mclr"
SBI raises lending rates by 5 to 10 bps, new loans to cost more
Updated : 1 year, 8 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.
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SBI hikes lending rates by 10 basis points
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.
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Bank of Baroda hikes lending rates by upto 15 basis points
Updated : 3 years, 8 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.
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HDFC Bank hikes lending rates by 0.35 per cent; EMIs to go up
Updated : 3 years, 9 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.
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Home, car loans get expensive as SBI, Axis Bank, others hike lending rates
Updated : 3 years, 11 months ago IST
New Delhi [India], April 19 (ANI): The country's largest lender State Bank of India (SBI), and other government and private banks including Axis Bank, Bank of Baroda and Kotak Mahindra Bank, on Tuesday increased their benchmark lending rates by up to 10 basis points or 0.10 per cent.
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SBI reduces MCLR by 10 to 15 basis points across all tenors
Updated : 6 years 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 : 6 years, 3 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 rate loans
Updated : 6 years, 5 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 maturities
Updated : 6 years, 6 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 : 6 years, 7 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 : 6 years, 8 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 : 6 years, 11 months 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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