In February, the Reserve Bank of Indias rate cut led to banks lowering new deposit rates but not immediately reducing new ...

MCLR, introduced by the RBI in 2016, determines the minimum interest rate banks can lend, replacing the base rate system. It directly affects loan pricing for borrowers and offers insights for ...

The bank is doing extremely well. Fundamentally, it is a strong bank. For the past two years, the performance has been ...

Punjab National Bank increases Repo-Linked Lending Rate to 9.10% due to liquidity tightness, no change in MCLR or Base rate.

The Reserve Bank of India (RBI) initiated the much-expected rate-cut cycle in February. The repo rate was cut from 6.5% to ...

RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate ...

Since only the 2-year MCLR has been reduced, the impact on longer-tenure loans is minimal. HDFC Bank’s decision to lower the ...

The Reserve Bank of India (RBI) stated today that the weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.40 per cent in February 2025 (9.32 per cent in January 2025). The ...

MUMBAI: Non-food credit growth of banks continued to slow down for the eighth consecutive month for the fortnight to February ...

Despite this, corporate borrowing costs remain unchanged due to firm MCLR rates and year-end demand for funds. MUMBAI: RBI has pumped in over Rs 5 lakh crore into the banking system since mid-Jan ...