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Total 88 results found. Search for [ MCLR ]

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New Delhi, February 10, 2018
Brushing aside any need to worry about rising global oil prices, Jaitley said an assessment should not be made based on hypothetical situation concerning crude prices as the trend in the last three days has been the opposite.
February 10, 2018
February 9, 2018
HDFC Bank, India's second largest bank by assets, is the latest to do so. It raised its benchmark marginal cost of funds based lending rate (MCLR) by 10 basis points on the same day that MPC announced its vote.

New Delhi, February 8, 2018
Old home loans are likely to become cheaper with the RBI asking banks to link from April 1 the base rate with MCLR, which is more sensitive to policy rate signals.

Mail Today Bureau
February 8, 2018
The RBI on Wednesday announced that it will link the base rate with the Marginal Cost of Funds based lending rates from April 1 this year to ensure that banks pass on the benefit of reduced policy rates to borrowers.

January 3, 2018
The funding comes under Indradhanus plan of the government which promised Rs 70,000 crore over period of four years ending March 2019.

Dipak Mondal
New Delhi, January 2, 2018
The SBI base rate cut to 8.65% from 8.95% is likely to benefit 8 million customers
January 2, 2018
The base rate reduction, effective January 1, will benefit  nearly 80 lakh of existing customers of the SBI whose loans are still linked to the base rate and not the marginal cost of funds-based lending rates (MCLR).

Mail Today Bureau
January 2, 2018
The nation's largest lender reduced the base rate to 8.65 per cent for existing customers from 8.95 per cent, while the BPLR is down from 13.70 per cent to 13.40 per cent with effect from January 1.
January 1, 2018

December 9, 2017
The Bengaluru-headquartered lender has cut the overnight, 1-month and 3-month MCLR by 0.05 per cent each to 7.95, 8 and 8.05 per cent. The new MCLR rate will take effect from December 10, Syndicate Bank said in a statement today.
November 30, 2017
Of 30 Sensex stocks, 26 are trading in the red. Sun Pharma (0.82 percent), Bajaj Auto (0.56 percent), Dr Reddy's (0.31 percent) top gainers.

Money Today Team
NA, November 13, 2017

November 10, 2017
Country's largest public sector lender State Bank of India (SBI) on Friday posted manifold jump in consolidated net profit at Rs 1,840.43 crore for the second quarter ended on September 30, on the back of sale of its stake in SBI Life Insurance.
New Delhi, November 3, 2017
In a big relief to customers, the country's largest lender State Bank of India (SBI) has reduced lending rate on home loan to 8.30%.

Anand Adhikari
November 2, 2017
Four months ago when the largest bank, State Bank of India (SBI), reduced the savings rate from 4 per cent to 3.5 per cent, other large banks reacted immediately and reduced their savings rate by 10 to 50 basis points.
New Delbi, November 2, 2017
State Bank of India (SBI) has slashed rates on its home and car loans. Following a cut in MCLR by 5 basis points, bank has reduced home loan interest rates to 8.30 per cent
New Delhi, November 1, 2017
The State Bank of India (SBI) has slashed its marginal cost lending rates by 5 basis points.
New Delhi, November 1, 2017
The revised interest rate is applicable for fixed deposits across all maturities.
November 1, 2017
A day after India's 30-notch jump to 100th in the World Bank's ease of doing business ranking, the Sensex and Nifty went into jubilant mood hitting fresh all-time highs with all component indices trading in the green.

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