#39;The loan facility is extended at an interest rate linked to 3-Month MCLR of the Bank. This loan has a door to door tenure of 15 years and will... ...
https://www.moneycontrol.com/news/business/ntpc-signs-pactsbi-for-rs-5k-crore-term-loan_12103881.htmlBanks price their benchmark loan rates, known as the marginal cost of funds based lending rate (MCLR), mainly based on the cost of deposits.... ...
https://www.ndtv.com/business/banks-unlikely-to-reduce-interest-rates-on-loans-as-much-as-rbis-rate-cut-report-1990476The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, on Thursday cut key policy rate by 25 basis points as... ...
https://economictimes.indiatimes.com/markets/stocks/news/das-says-rbi-wont-prejudge-the-liquidity-situation-policy-highlights/articleshow/67881143.cmsMost borrowers may not be aware, but quite a few banks already offer external benchmark linked home loans to favoured borrowers, says Harsh... ...
http://www.rediff.com/money/report/floating-rate-borrowers-need-easy-portability/20190121.htmPosted by Equitymaster On Thursday, the Indian share markets closed in the negative territory amid weak global cues and selling in financials... ...
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