The Reserve Bank of India (RBI) initiated the much-expected rate-cut cycle in February. The repo rate was cut from 6.5% to ...
The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...
RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate ...
Indias largest public sector SBI has announced its latest marginal cost of funds-based lending rate (MCLR) for March 15 and ...
MCLR, or Marginal Cost of Funds-Based Lending Rate, is the minimum interest rate below which banks cannot lend. Introduced by ...
A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...
As of March 2025, several leading banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and ...
HDFC Bank has revised its Marginal Cost of Funds-based Lending Rate (MCLR). The bank has reduced the 2-year MCLR by 5 basis points (bps). Other loan tenures remain unchanged. New MCLR Rates ...
The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...