Home > Topic > Marginal Cost Of Funds Based Lending Rate

MARGINAL COST OF FUNDS BASED LENDING RATE

Banks have moved to MCLR as its new benchmark lending rate from June, replacing the base rate system for the new borrowers. Photo: Abhijit Bhatlekar/ Mint

ICICI Bank cuts lending rate by 0.1%

1 min read . 28 Oct 2016
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