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SBI cuts lending rate, revises term deposit rates

The country's largest lender State Bank of India on Friday reduced its marginal cost of fund based lending rate (MCLR) by 5 basis points across all tenors, effective November 10, and sharply......

SBI cuts minimum lending rate for 6th time in one year

The State Bank of India on Wednesday announced a reduction in its marginal cost of fund based lending (MCLR) rate by 10 basis points across all tenures, effective October 10.  This is the......

Why linking loans to external benchmark won't be easy for banks

The debate on the merits or otherwise of external benchmarks also does not answer a fundamental question raised by Viral Acharya, the former deputy governor of RBI: “The issue is - who should......

'Loan takers are seen to be benefitting at the cost of depositors'

'If the interest rate on bank deposits is linked to any external benchmark, it would jeopardise the banks' fund-raising ability. 'Interest rates on small savings schemes are likely to be reduced......

SBI cuts lending rates by 10 bps to 8.15%, lowest in industry

To cash in on the forthcoming festive seasons and to better utilise the excess liquidity, State Bank of India announced the fifth rate cuts on Monday by another 10 basis points across tenures,......
  Web results for Mclr
Kotak Bank Q3 profit may rise 25-30%; asset quality to stay stable

NEW DELHI: Kotak Mahindra Bank is likely to report a 25-30 per cent surge in December quarter net profit and a solid 4.4-4.6 per net jump interest... ...
Corp Bank cuts MCLR by 10 bps

Corporation Bank has cut its marginal cost of funds-based lending rate by 10 basis points across tenors with effect from January 15. With this cut, th ...
Here's How It Will Impact Your Debt Mutual Fund Investment

Posted by Equitymaster Worrisome news of a higher-than-expected rise in retail inflation has added to the woes in an already ailing economy. The... ...
Oriental Bank cuts MCLR for various tenors by up to 0.15% from January 10

The bank has decided to reduce the MCLR for different tenors with effect from January 10, 2020, it said in a regulatory filing. ...
Developments in the Banking Sector, Global Stock Market Drivers, and Top Cues in Focus Today

Posted by Equitymaster On Monday, Indian share markets traded on a volatile note throughout the day and ended flat. The BSE Sensex closed lower by... ...

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