New Delhi: State-owned Canara Bank on Thursday slashed its marginal cost of fund-based lending rate (MCLR) by up to 30 basis points acros...Read More
The country's largest lender State Bank of India (SBI) on Wednesday said it has reduced its marginal cost of funds-based lending rate (MC...Read More
Jammu & Kashmir Bank has cut its marginal cost of funds-based lending rates by 35 basis points across tenures, according to information o...Read More
Bank of India on Sunday said it has reduced the lending rate linked to external benchmark by 75 basis points (bps) to 7.25 per cent, effe...Read More
The bank has reduced its one-year MCLR by 10 basis points to 7.75 per cent from 7.85 per cent earlier, the SBI said.
Consequently, the bank's lending rates will be in the range of 7.65-8.20%.
New Delhi: The State Bank of India (SBI) on Wednesday cut interest rate on savings deposits, with a balance of upto Rs 1 lakh, by 25 bps ...Read More
"Currently, banks' floating rate loans are benchmarked to the Marginal Cost of Funds-based Lending Rates (MCLR).
One year MCLR, to which all the retail lending rates are linked to, has been reduced to 8.15 percent from 8.25 percent earlier.
MCLR for overnight and one-month loan tenor has been reduced by 10 bps to 8.20 per cent and 8.25 per cent, respectively
By FPJ Web Desk
RBI today hiked the key rate for the first time in over four years — by 0.25 per cent — to curb inflationary pressure from high oil price...Read More
New Delhi: Banks have lowered their lending rates by about 1 per cent post demonetisation, the Prime Minister’s Office today said, citing...Read More
By FPJ Bureau
Mumbai : State Bank of India, the country’s top lender by assets, will cut marginal cost-based lending rates (MCLR) across maturities by ...Read More
New Delhi : Three more banks, including Syndicate Bank and Citi India on Friday reduced benchmark lending rates by up to 1 per cent, join...Read More
By Staff Reporter
BHOPAL: Punjab and Sindh Bank has slashed its interest rates (MCLR) on loans. The reduction in MCLR will be applicable on retail loans li...Read More
Mumbai : Taking cue from banks, country’s largest mortgage lender HDFC on Tuesday reduced its home loan rates by up to 0.45 per cent.
Mumbai: A day after SBI slashed its rate offering steeply, country’s fourth biggest private sector lender Kotak Mahindra Bank today annou...Read More
Mumbai : Bankers unanimously agree that lending rates based on marginal cost of funds are likely to fall, following the withdrawal of Rs ...Read More
New Delhi : The Finance Ministry on Tuesday said the RBI monetary policy is broadly in line with government’s expectations on growth and ...Read More
Mumbai : Country’s largest private sector lender ICICI Bank today cut its marginal cost of funds-based lending rate (MCLR) by 0.05 per ce...Read More