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Total 91 results found. Search for [ SBI cuts MCLR ]

Results 1 to 21 of 91
BusinessToday.In
New Delhi, December 30, 2019
Till date 50 issuers have done 182 issuances of commercial papers (CPs) and have successfully listed CPs worth Rs 70,210 crore on the Bombay Stock Exchange


BusinessToday.In
New Delhi, December 30, 2019
Indian Bank said its one-year MCLR is lowered to 8.30 per cent, while overnight MCLR has been cut by 5 bps to 7.90 per cent


BusinessToday.In
New Delhi, December 30, 2019
SBI also said that new home buyers would now be able to get loans at an interest rate of 7.90 per cent per annum as compared to the earlier 8.15 per cent


Naveen Kumar
New Delhi, December 24, 2019
Innovation in products will be the key factor, be it banking, mutual funds, insurance or loans


BusinessToday.In
New Delhi, December 10, 2019
Bank of India cuts MCLR: The new one-year MCLR is fixed at 8.20 per cent as against 8.30 per cent


BusinessToday.In
New Delhi, December 10, 2019
HDFC Bank cuts MCLR: The bank has stated that the latest rates will be applicable from December 7


BusinessToday.In
December 9, 2019
Catch top stories from the world of business and economy with BusinessToday.In's end of day report


BusinessToday.In
New Delhi, December 9, 2019
SBI MCLR cut: The bank has stated that it is the cheapest loan provider in the country


BusinessToday.In
New Delhi, December 5, 2019
Since January 2014, RBI has reduced repo rate by 2.85 per cent to 5.15 per cent in October 2019. But, banks have not transferred this rate cut in entirety to consumers which is yet to be transmitted to retail borrowers


Manoj Sharma
New Delhi, December 3, 2019
When RBI cuts repo rate, it expects banks to pass on the benefit by lowering interest rates on all types of loans, including home loans and car loans


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.


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


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
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
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.


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
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.


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