Indias largest public sector SBI has announced its latest marginal cost of funds-based lending rate (MCLR) for March 15 and ...

The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...

State-owned Canara Bank Ltd on Tuesday (March 11) announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR ...

As of March 2025, several leading banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and ...

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 ...

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

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

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

The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...