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Marginal Cost Lending Rate

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Bank of Baroda, HDFC Bank reduce lending rates

State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate reduction. Illustration: Uttam Ghosh/Rediff......

'Lending rate cut still some time away'

Union Finance Minister Nirmala Sitharaman’s call for making lending rates affordable may not resonate anytime soon as banks still struggle with margin compression, and await clues from the......

ICICI Bank, 3 PSBs revise lending rates

Private sector lender ICICI Bank has revised its external benchmark lending rate (EBLR) to 8.10 per cent, and state-owned Bank of Baroda has raised the rate to 6.90 per cent with immediate effect......

SBI revises lending rates based on new method

For one year loan, the interest rate would be 9.20 while for two years it is going to be 9.3 per cent. State Bank of India has revised lending rates based on marginal cost of funds, a new......

ICICI Bank, Indian Bank hike lending rates

ICICI Bank, the second-largest private sector lender and state-owned Indian Bank on Monday raised their lending rates across all tenors in anticipation of a rate hike by the RBI later this week.......

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