RBI February rate cut sees mixed transmission: Deposit rates fall while lending rates stay high
In February, the Reserve Bank of Indias rate cut led to banks lowering new deposit rates but not immediately reducing new ...
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 ...
Mint7d
Investment word of the day: Marginal cost of funds-based lending rate—what is MCLR and why does it matter to investors?
The marginal cost of funds-based lending rate (MCLR) is one such measure introduced by the RBI. The marginal cost of funds-based lending rate (MCLR) is the minimum rate at which banks are not ...
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Check SBI's latest lending rates for March 2025: MCLR and base rate
The State Bank of India (SBI) has announced its latest marginal cost of funds-based lending rates (MCLR) on loans. These revised rates will take effect from March 15, 2025, and remain valid until ...
Weighted average lending rate on fresh rupee loans of SCBs stood at 9.40% in Feb-25 compared 9.32% in Jan-25
The Reserve Bank of India (RBI) stated today that the weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.40 per cent in February 2025 (9.32 per cent in January 2025). The ...
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 ...
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 ...
The Financial Express23d
Why your loan EMI has not dropped despite RBI’s rate cut
Banks determine lending rates using two main benchmarks: the External Benchmark Lending Rate (EBLR) and the Marginal Cost of Funds-Based Lending Rate (MCLR). EBLR is directly linked to external fa ...
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 tenures effective from March 15, 2025. The external benchmark lending rate ...