The country's largest private bank HDFC Bank has announced a cut in its Marginal Cost of Funds-based Lending Rate (MCLR). The ...

HDFC Bank has revised its Marginal Cost of Funds-based Lending Rate (MCLR). The bank has reduced the 2-year MCLR by 5 basis ...

MCLR, or Marginal Cost of Funds-Based Lending Rate, is the minimum interest rate below which banks cannot lend. Introduced by ...

Despite RBI’s measures, liquidity has stayed in deficit since mid-December. After peaking at ₹3.3 trillion on 23 January, ...

Banks give out loans to industry based on a benchmark called marginal cost of funds or MCLR, which is an internal metric that is linked to their deposit rates. As of September 2024, 37% of all ...

Marginal Cost of Funds Based Lending Rate (MCLR) to 9.60% from the previous 9.75%, while the Repo Linked Lending Rate (RLLR) ...

HDFC Bank has decreased its Marginal Cost of Funds-based Lending rate (MCLR) on one loan tenure by 5 basis points (bps).

However, the Marginal Cost of Funds Based Lending Rate (MCLR) linked loans and new loans could take longer to reflect the change due to the rising cost of funds for banks. Repo rate-linked loans ...

Take advantage of effective strategies to reduce home loan interest rates on monthly payments. Explore some simple tips to ...

Shares of non-banking finance companies (NBFCs) rose sharply on Thursday after the Reserve Bank of India (RBI) eased banks' ...

New Delhi: Days after the Reserve Bank of India (RBI) reduced the key interest rates, public sector bank Punjab National Bank ...