Lending Rate
PNB, Bank of India cut MCLR-based lending rates. Check revised rates here
Both state lenders have cut their marginal cost of funds-based lending rates. You can check the latest rates here
1 min read2 Sep 2025RBI’s double-barreled liquidity surge in May to force down lending rates
The Indian central bank’s record bond buys and dividend transfer next month is expected to double the liquidity in the banking system, easing rates and spurring credit.
4 min read30 Apr 2025Is the fintech sector in India under a regulatory siege?
Evidence of RBI’s enforcement action does not support that view. The regulator’s actions were a result of loose interpretations of rules by fintech platforms and outright violations in some cases. Self-regulation is needed so that we gain from transparency without stifling innovation.
4 min read3 Jan 2025Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
2 min read29 Nov 2024China Banks Trim Deposit Rates to Bolster Record-Low Margins
Industrial & Commercial Bank of China Ltd. and Agricultural Bank of China Ltd. lowered rates on some deposit products, easing pressure on profit margins following earlier cuts to lending rates.
1 min read25 Jul 2024Bank of Baroda raises lending rate by 5 bps starting today. Details here
With the new rates coming into effect, overnight MCLR is 8.10 percent against 8.05 percent earlier. The 3-month MCLR is now 8.45 percent against 8.40 percent earlier. The six-month MCLR is 8.65 per cent against 8.60 percent earlie
1 min read12 Apr 2024Banks’ margin party is drawing to a close
Reserve Bank of India’s June Financial Stability Report released last week highlights that the profitability of scheduled commercial banks (SCBs) continued to improve in FY23.
2 min read6 Jul 2023Bandhan Bank revises FCNR deposits, lending rates from 1 July; check latest interest rates here
Bandhan Bank has revised its FCNR deposit rates for July, offering up to 4.68% in GBP and a maximum of 4.56% in USD. The bank has also revised its MCLR.
2 min read2 Jul 2023EMIs alert: IndusInd Bank hikes MCLR by 5-10 bps for select tenures; RBL Bank cuts lending rates by 10 bps
IndusInd Bank increased its MCLR rates by 5-10 basis points for select tenures, while RBL Bank reduced its MCLR rates by 10 basis points across all tenures, effective from June 22. The new rates will impact EMIs on loans such as personal loans, home loans, and auto loans.
2 min read22 Jun 2023Shadow banking's 9-12% returns carry risks
Loss absorption by platforms through a buffer and easy withdrawals can make customers complacent
5 min read2 Jun 2023Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.