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Total 297 results found. Search for [ mclr ]

Results 1 to 21 of 297
Aprajita Sharma
New Delhi, May 22, 2020
The repo rate cut is good news for home loan, car loan or other borrowers who would soon see their EMI burden ease off


Mudit Kapoor | Ashish Pandey
New Delhi, May 22, 2020
If the banks pass on the benefit and slash the marginal cost of funds based lending rates (MCLR), it may have a direct impact on the amount of equated monthly installment (EMI) customers pay for their loans


Anand Adhikari
May 22, 2020
Overall, interest rates have seen a gradual decline in the last six years


BusinessToday.In
New Delhi, May 10, 2020
SBI, however, confirmed that it is in the process to introduce soon a pre-approved personal loan offering through YONO to provide relief to its salaried customers who are facing cash-flow problem due to coronavirus


BusinessToday.In
New Delhi, May 9, 2020
SBI FD interest rates for senior citizens have been slashed by 20 bps as well. For tenor 7 days to 45 days, State Bank of India has changed the rates from 4 per cent to 3.80 per cent, while it has been changed to 4.80 per cent from 5 per cent for 46 days to 179 days tenor


BusinessToday.In
May 8, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Rukmini Rao
New Delhi, May 7, 2020
HCL Technologies posted a flat growth for the fourth quarter at $2,543 million, while peers have reported negative numbers. The IT firm, however, refrained from providing any guidance


BusinessToday.In
New Delhi, May 7, 2020
Following the reduction in rates, the one year MCLR will now come down to 7.25 per cent per annum from 7.40 per cent, with effect from May 10, 2020


BusinessToday.In
New Delhi, April 9, 2020
Bank of Baroda said that the revised marginal cost of funds based lending rate (MCLR) will come into effect from April 12, 2020.


BusinessToday.In
New Delhi, April 7, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Anand Adhikari
April 7, 2020
Banks generally offer 3-4 per cent on savings bank accounts. So what prompted the largest bank in the country to go for a savings rate cut?


Niti Kiran
April 7, 2020
Earlier this month, the central bank had announced a massive 75 bps cut in repo rate coupled with 100 bps reduction in cash reserve ratio to mitigate the impact of coronavirus pandemic on the economy


BusinessToday.In
New Delhi, April 7, 2020
Following the reduction in rates, SBI savings accounts with balances up to Rs 1 lakh will earn interest rate of 2.75 per cent per annum, down from 3 per cent


BusinessToday.In
April 7, 2020
Stocks to watch today on April 8: Wipro, IRCTC, SBI, HUDCO among others are the top stocks to watch out for in Wednesday's trading session


BusinessToday.In
New Delhi, April 6, 2020
Canara Bank has reduced its marginal cost of funds based lending rates (MCLR) on loans and advances across all tenors by up to 35 basis points across tenors, effective April 7


BusinessToday.In
March 29, 2020
Stocks to watch today on March 30: SBI, Maruti Suzuki, NTPC, TVS Motors, Bank of India, Motherson Sumi, SpiceJet among others are the top stocks to watch out for in Monday's trading session


BusinessToday.In
March 29, 2020
Bank of India has also cut benchmark marginal cost of funds based lending rate (MCLR) by 25 bps across tenors from one year to one month, and by 15 bps for overnight tenor. The one-year MCLR is now 7.95 per cent per annum


BusinessToday.In
New Delhi, March 27, 2020
Following a 75 basis points reduction in interest rate, SBI's external benchmark linked lending rate (EBR) will come down to 7.05 per cent per annum from 7.80 per cent earlier


Niti Kiran
March 12, 2020
At the bank group level, the transmission to deposit and lending interest rates has been uneven, reflecting idiosyncratic factors, according to Reserve Bank of India's recently released monthly bulletin


BusinessToday.In
March 11, 2020
Currently, SBI customers have to maintain Average Monthly Balance (AMB) of Rs 3,000, Rs 2,000 and Rs 1,000 in metro, semi urban and rural areas, respectively


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