Showing results for "#MCLR"
SBI hikes lending rate by 10 bps across tenors, raising EMIs for...
The benchmark one-year tenor MCLR, which is used to price most consumer loans such as auto and personal, is now pegged higher at 8.95 per cent against...
BoB to reduce MCLR by 15 basis points across tenors
State-run lender Bank of Baroda on Wednesday said that it will reduce its benchmark lending rate across various tenors by 15 basis points.
HDFC Bank cuts interest rates on loans by 20 bps
Following the reduction, MCLRs of the bank will range from 7.10 per cent to 7.65 per cent.
SBI reduces MCLR by 5-10 bps in shorter tenors
In a statement, the bank said that the rates have been cut to boost credit off take and revive demand.
HDFC Bank cuts MCLR by 10 bps across tenors
The MCLRs for six months, one year and two years stand at 7.20 per cent, 7.35 per cent and 7.45 per cent, respectively.
Canara Bank cuts MCLRs by 0.05-0.15 pc for various tenors
The one-year MCLR -- the benchmark for most of the consumer loans -- has been reduced by 0.05 per cent to 7.35 per cent from 7.40 per cent currently,...
SBI hikes MCLR across all tenors: Check new interest rates here
It is categorized as one basis point equivalent to one-hundredth part of a percentage point. The hike has come into effect from 15 April 2022.
