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COVID-19: India Inc asks RBI for one-time loan recast

The one-time restructuring of loans will help every firm and prevent cost-cutting measures such as lay-offs. Illustration: Dominic Xavier/Rediff.com With zero sales and rising fixed costs, India......

SBI cuts savings rate by 25 basis points

The country's largest lender, SBI on Tuesday said it has cut savings rate by 25 basis points, or 0.25 per cent, to 2.75 per cent on all deposits. IMAGE: SBI chairman Rajnish Kumar.......

SBI cuts lending rate by 15 bps across tenures

The country's largest lender, State Bank of India on Wednesday said it has reduced its fixed deposit rates for certain tenures and the marginal cost of funds-based lending rates (MCLR) across......

High inflation restricts RBI from choosing non-rate tools to support growth

Seeking to dispel possible notions of the RBI not having done enough by opting for a pause for the second consecutive time, Das said the RBI has a wide dashboard of instruments beyond rates that......

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......

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Union Bank of India cuts MCLR by up to 15 bps across all tenors

Union Bank of India announced reduction in its MCLR up to 15 basis points across all tenors, effective May 11. Overnight MCLR has been reduced by... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/union-bank-of-india-cuts-mclr-by-up-to-15-bps-across-all-tenors/articleshow/75629985.cms

Bank of Maharashtra introduces new external benchmark based lending rate, cuts MCLR

For overnight, one month, three months and six months, MCLR have been reduced to 7.40 per cent, 7.50 per cent, 7.60 per cent and 7.70 per cent,... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-of-maharashtra-introduces-new-external-benchmark-based-lending-rate-cuts-mclr/articleshow/75579249.cms

Switch to repo-linked home loans in COVID times, save on EMIs

If your home loan is linked to the MCLR or Base Rate, move to repo-linked lending rate to reduce your interest outgo ...

https://www.moneycontrol.com/news/loans/switch-to-repo-linked-home-loanscovid-times-saveemis_13724121.html

India Inc asks RBI for one-time loan recast

The one-time restructuring of loans will help every firm and prevent cost-cutting measures such as lay-offs. Illustration: Dominic... ...

http://www.rediff.com/money/report/coronavirus-covid-19-india-inc-asks-rbi-for-one-time-loan-recast/20200421.htm

Indian Indices End Lower, LIC IPO, Stocks in Focus, and Top Cues to Track Today

Posted by Equitymaster Indian share markets ended on a negative note yesterday, tracking weakness in global markets owing to coronavirus outbreak.... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/9m0nzimnq9A/tm.asp

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Mclr

News for Mclr

COVID-19: India Inc asks RBI for one-time loan recast

SBI cuts savings rate by 25 basis points

SBI cuts lending rate by 15 bps across tenures

High inflation restricts RBI from choosing non-rate tools to support growth

SBI cuts lending rate, revises term deposit rates

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