Investment word of the day: Marginal cost of funds-based lending rate—what is MCLR and why does it matter to investors?
MCLR, introduced by the RBI in 2016, determines the minimum interest rate banks can lend, replacing the base rate system. It ...
RBI cut repo rate in Feb. Why did it take so long for banks to reduce interest rates?
The Reserve Bank of India (RBI) initiated the much-expected rate-cut cycle in February. The repo rate was cut from 6.5% to ...
RBI pumped liquidity, cut rates, but loans cost same
RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate ...
SBI lending rates March 2025: Check the latest MCLR, base rate, and home loan interest rates
The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...
SBI Latest MCLR Effective From Today, 15 March -- To Have Impact On Your Home And Personal Loan
Indias largest public sector SBI has announced its latest marginal cost of funds-based lending rate (MCLR) for March 15 and ...
CNBCTV1814d
HDFC Bank reduces MCLR rate on this tenure
MCLR, or Marginal Cost of Funds-Based Lending Rate, is the minimum interest rate below which banks cannot lend. Introduced by ...
The Free Press Journal13d
HDFC Bank Eases Loan Burden with 2-Year MCLR Cut, Other Rates Unchanged
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 ...
CNBCTV1810d
Canara Bank cuts lending rates on some tenures by 5-15 bps, effective March 12
State-owned Canara Bank Ltd on Tuesday (March 11) announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR ...
India Today on MSN8d
Check SBI's latest lending rates for March 2025: MCLR and base rate
The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...