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Total 249 results found. Search for [ MCLR ]

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Anand Adhikari
Mumbai, November 9, 2019
A quarter of SBI's home loan customers in terms of the total home loan portfolio of Rs 3.72 lakh crore has clung to the old 'base rate' regime that charges higher interest rate


BusinessToday.In
New Delhi, November 8, 2019
SBI cuts MCLR: After the cut, MCLR for three-year period has come down to 8.20 per cent from 8.25 per cent.


PTI
November 8, 2019



BusinessToday.In
November 7, 2019
HDFC Bank had reduced MCLR across all tenors in August earlier this year. MCLR is the minimum lending rate below which a bank cannot extend lend


Reuters
New Delhi, October 16, 2019
Lending growth by banks had nearly halved to 8.8% at the end-September from the start of the year.


BusinessToday.In
New Delhi, October 11, 2019
SBI this week cut its lending rate by 10 basis points but also slashed interest rate on retail savings accounts by 25 bps


BusinessToday.In
New Delhi, October 10, 2019
The revised MCLR for overnight tenor stands at 8.05 per cent; 8.15 per cent for one month; 8.20 per cent for three months; 8.30 per cent for six months; and 8.40 per cent for one year


BusinessToday.In
October 9, 2019
Catch top stories today from the world of business and economy with BusinessToday.In end of day (EOD) report


BusinessToday.In
October 9, 2019
One-year MCLR, to which all retail lending rates are pegged, will come down to 8.05 per cent from Thursday, compared to 8.15 per cent currently


BusinessToday.In
New Delhi, October 8, 2019
\"We have seen that traditionally in the festive period between September and April the demand for credit peaks. There is a lot of hope ahead of this festival season,\" says the SBI chairman


Dr Arun Singh
October 7, 2019
Enabling effective monetary transmission would not only increase the credibility of the Central Bank but also help in strengthening the financial structure.


Nevin John
New Delhi, October 7, 2019
The benchmark Sensex that had surged over 3000 points in two days after the corporate tax cut announcement has pared most of its gains; it fell by 433 points on Friday after the announcement of the repo rate cut


BusinessToday.In
October 4, 2019
RBI repo rate cut: The repo rate cut is a great incentive for borrowers as all new floating rate loans are supposed to be linked to any of the four external benchmarks prescribed by the RBI from October 1.


Anand Adhikari
September 26, 2019
One good thing under the external benchmark system is that a borrower can compare the spread a bank is charging


Rajeev Dubey
New Delhi, September 23, 2019
This amount is nearly twice the Rs 70,000 crore Centre will spend from its own balance sheet in fiscal 20-21 to fund PSU banks


Naveen Kumar
September 23, 2019
If you become a borrower of loan with external benchmarking, you will not depend on the bank to tell you when your interest rate will change


BusinessToday.In
September 23, 2019
Earlier in July, SBI had introduced repo-linked home loan scheme which was later withdrawn. The fresh announcement came after SBI made few modifications to the scheme to meet the terms of the latest regulatory guidelines


Anand Adhikari
New Delhi, September 18, 2019
SBI has asked the RBI if it can offer long-term home loan at a fixed rate for the first few years followed by a repo-linked floating interest rate


BusinessToday.In
New Delhi, September 11, 2019
Under the revised rule, if someone does not maintain Rs 3,000 as average monthly balance and falls short by 50 per cent (that is Rs 1,500) the individual will be charged Rs 10 plus GST.


BusinessToday.In
September 10, 2019
One year MCLR (marginal cost of funds-based lending rate), to which all the retail lending rates are pegged, stands at 8.15 per cent with effect from Tuesday, from 8.25 per cent earlier.


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