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Total 193 results found. Search for [ marginal cost of funds-based lending rate ]

Results 1 to 21 of 193
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, 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
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.


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


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Earlier in July, SBI had introduced repo-linked home loan scheme which was later withdrawn.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
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.


Renu Yadav
September 5, 2019
Frequent changes in interest rates may result in issues in the management of cash flows of the borrowers as EMIs may change more frequently


PTI
September 4, 2019



PTI
September 4, 2019



PTI
September 4, 2019



BusinessToday.In
New Delhi, September 2, 2019
Indian Bank has announced reduction in its marginal cost of funds based lending rates (MCLRs) by 15 basis points across all tenors. The revised rates will be effective from September 3, 2019


BusinessToday.In
New Delhi, August 27, 2019
Presently, banks price their loans based on their marginal cost of funds-based lending rate (MCLR). Now, customers will have the option to select between MCLR linked rate or a repo rate linked to the external benchmark


BusinessToday.In
August 19, 2019
The country's largest lender introduced repo-linked home loans for new customers from July 1, which allowed them to avail cheaper loans since the RBI slashed the repo rate by 1.1 per cent in this calendar year alone. But the benefit has not been extended to existing home loan customers yet.


PTI
New Delhi, August 17, 2019
PSB has lowered MCLR on overnight, one-month, three-month and six-month duration loans by 0.15 percent to 8.20 percent, 8.30 percent, 8.40 per cent and 8.50 percent, respectively


BusinessToday.In
August 10, 2019
The PSU banks which have announced the decision to link their lending and deposit rates are Syndicate Bank, Bank of India, Union Bank and Allahabad Bank.


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