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

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

Chennai's Aptus Value Housing Finance aims for a 30% annual AUM growth over the next three years, according to a senior ...

In a significant move to empower women entrepreneurs across India, the State Bank of India (SBI), the country’s largest bank, ...

Equated Monthly Installment (EMI) of home loan borrowers to fall as this public sector bank has reduced the external ...

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

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

A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...

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

Tamilnad Mercantile Bank (TMB) has announced a reduction in its Marginal Cost of Funds Based Lending Rate (MCLR) and Repo Linked Lending Rate (RLLR), effective from March 7, 2025. The move aims to ...

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 ...