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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......

SBI cuts saving account rate by 0.5%

SBI said revision of saving bank rate will enable the bank to maintain MCLR based lending rate at existing rates. India's largest lender State Bank of India has slashed interest on savings account......

Repo Rate unchanged, but it's still a good time to transfer or pre-pay your loans

MCLR-linked loans are more responsive to RBI’s rate movements, and rate cuts may be transmitted to borrowers in a manner useful to them. For three review cycles, the Reserve Bank of India......
  Web results for Mclr
Axis Bank raises MCLR by 10 basis points

Mumbai: Private lender Axis Bank on Monday announced that it has hiked its benchmark marginal cost of funds based lending rate (MCLR) by 10 basis... ...

http://www.sify.com/finance/axis-bank-raises-mclr-by-10-basis-points-news-interest-rate-sctsufjeigfie.html
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... ...

http://www.rediff.com/money/report/banks-dont-want-changes-in-mclr-calculation-rbi/20180212.htm
Linking base rate to MCLR may not be good enough

Customers should still consider shifting to the best MCLR-linked home loan rate available Sanjay Kumar Singh Last Updated at February 11, 2018... ...

http://www.business-standard.com/article/pf/linking-base-rate-to-mclr-may-not-be-good-enough-118021100664_1.html
Syndicate Bank holds MCLR

Syndicate Bank has reviewed its MCLR and has kept the rates unchanged under all the tenors -- 7.95% for overnight tenor, 8.00% for one month tenor,... ...

http://www.deccanherald.com/content/658829/syndicate-bank-holds-mclr.html
Home loans taken before Apr 2016 may be cheaper

Home loans taken before April 1, 2016 were based on base rate, which was arbitrarily decided by banks Press Trust of India | New Delhi Last Updated... ...

http://www.business-standard.com/article/finance/base-rate-linked-with-mclr-home-loans-taken-before-apr-2016-may-be-cheaper-118020801038_1.html

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