MCLR, introduced by the RBI in 2016, determines the minimum interest rate banks can lend, replacing the base rate system. It ...

The Reserve Bank of India (RBI) initiated the much-expected rate-cut cycle in February. The repo rate was cut from 6.5% to ...

The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...

RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate ...

Indias largest public sector SBI has announced its latest marginal cost of funds-based lending rate (MCLR) for March 15 and ...

As of March 2025, several leading banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and ...

HDFC Bank has revised its Marginal Cost of Funds-based Lending Rate (MCLR). The bank has reduced the 2-year MCLR by 5 basis points (bps). Other loan tenures remain unchanged.

State-owned Canara Bank Ltd on Tuesday (March 11) announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR ...

TMB has lowered its one-year MCLR from 9.75 per cent to 9.60 per cent, making loans linked to this benchmark more affordable. Additionally, the bank has reduced its RLLR from 9.45 per cent to 9.25 ...

The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...