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Banks don't want changes in MCLR calculation: RBI

Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad Banks are opposed to the move to link marginal......

SBI lowers base rate, to benefit nearly 80 lakh customers

Those who are on the old lending rate regimes and have not moved to MCLR, will be benefited from this reduction. The State Bank of India on Monday reduced the base rate and benchmark prime lending......

RBI unsatisfied with MCLR, asks banks to lower rates further

The bank, however, maintained that the incremental benefit from the MCLR based lending rates introduced in April 2016 as an alternative to the earlier system of base rate, was positive. The......

Rate cut: How home loan owners will gain

In case the repo rate keeps trending downwards, borrowers can expect a downward revision of their MCLR-linked loans Diwali has arrived a little early for home loan borrowers. In a welcome......

Home loan to get costlier: HDFC raises retail prime lending rate by 10 bps

The new rates vary from 8.80 to 9.05 per cent on various slabs of loans. Illustration: Uttam Ghosh/Rediff.com Ahead of the Reserve Bank's monetary policy announcement, mortgage lender HDFC on......

Web results for Mclr

Bank of India raises MCLR rates by 0.05% on two tenures

By continuing to use the site, you agree to the use of cookies. You can find out more by clicking this link Close × Cookie Policy... ...

http://zeenews.india.com/personal-finance/bank-of-india-raises-mclr-rates-by-0-05-on-two-tenures-2147667.html

Oriental Bank of Commerce increases MCLR by 0.10% from October 11

MCLR for one-year loan tenor, against which most of the retail loans are benchmarked, has been raised to 8.75 percent, from 8.65 percent earlier. ...

https://www.moneycontrol.com/news/business/oriental-bankcommerce-increases-mclr-by-010october-11_11523941.html

Syndicate Bank hikes 3 months#39; MCLR by 10 basis points

The bank has reviewed MCLR and the new rate would be effective October 10, Syndicate Bank said in a filing to stock exchanges. ...

https://www.moneycontrol.com/news/business/syndicate-bank-hikes-3-months39-mclr-by-10-basis-points_11521021.html

Communicate decision on interest rate plea to NGO, SC tells RBI

New Delhi: The Supreme Court on Monday asked the RBI to communicate within six weeks to NGO Moneyline Foundation's on its plea for refunding the... ...

http://www.sify.com/finance/communicate-decision-on-interest-rate-plea-to-ngo-sc-tells-rbi-news-bank-skitUQbdjdegj.html

HDFC raises retail lending rate by 10 bps

On Saturday, state-run Punjab National Bank had increased its benchmark lending rates or MCLR for short-term loans by up to 0.2 per cent, effective... ...

https://economictimes.indiatimes.com/wealth/personal-finance-news/hdfc-raises-retail-lending-rate-by-10-bps/articleshow/66028935.cms

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Rediff News

Mclr

News for Mclr

Banks don't want changes in MCLR calculation: RBI

SBI lowers base rate, to benefit nearly 80 lakh customers

RBI unsatisfied with MCLR, asks banks to lower rates further

Rate cut: How home loan owners will gain

Home loan to get costlier: HDFC raises retail prime lending rate by 10 bps

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