Vikas Mehta | Dec 28, 2024, 5:06 PM IST
India's largest bank to down sell part of loan given to Adani Power of Rs..., for acquisition of
Abhijeet Sen | Aug 13, 2023, 12:48 PM IST
Even though the Reserve Bank of India (RBI) retained its policy rates, Bank of Baroda, Canara Bank, BoM have raised MCLR rates.
India.com Business Desk | Jun 7, 2023, 6:53 PM IST
According to the HDFC Bank website, the overnight MCLR would increase by 15 basis points to 8.10% as of June 7, 2023, from the previous 7.95%.
India.com Business Desk | Feb 15, 2023, 5:07 PM IST
SBI MCLR Hike Latest Update: The SBI said it has increased its three-month MCLR to 8.10 per cent, compared with 8.00 per cent earlier. The six-month MCLR stands at 8.40 per cent, which was 8.30 per cent earlier.
Manmath Nayak | Dec 14, 2022, 8:49 PM IST
Several banks in the recent past have increased MCLR after the Reserve Bank of India hiked the key repo rate by 35 basis points to 6.25%.
India.com Business Desk | Nov 15, 2022, 9:44 AM IST
The marginal cost of lending rate is the minimum rate at which banks can offer loans to customers. It was introduced by the Reserve Bank of India (RBI) in 2016 to determine the interest rates on various types of loans.
India.com Business Desk | Aug 30, 2022, 10:27 PM IST
Due to the hike in the MCLR, existing and new borrowers of Bank of India will have higher EMIs from next month.
India.com Business Desk | Aug 6, 2022, 7:43 PM IST
Notably, the External Benchmark Lending Rate (I-EBLR) is referenced to RBI policy repo rate with a mark-up over the repo rate.
India.com Business Desk | Jun 9, 2022, 12:30 PM IST
ICICI Bank MCLR hike: The rate hike by the bank will raise the EMIs on the home loans. The decision comes as the RBI hiked repo rate by 50 basis points on Wednesday
India.com Business Desk | Jun 7, 2022, 12:39 PM IST
HDFC Bank Interest Rates: The MCLR, which determines the lowest lending rate, has been revised upwards by the bank by 35 basis points. This will raise the EMIs for the customers.
India.com Business Desk | May 22, 2022, 2:09 PM IST
Union Bank of India has revised its interest on the saving accounts. The latest rates can be checked here. Along with it, the latest MCLR can also be checked here
India.com Business Desk | May 18, 2022, 3:50 PM IST
Axis Bank Increases MCLR Rates: With the latest MCLR rate hikes, the overnight and one-month MCLR rate of Axis Bank now stand at 7.55 per cent.
