Mclr

The median one-year marginal cost of funds-based lending rate (MCLR) for private banks fell a meagre 12 basis points (bps) to 9.18% between January and December 2019. (Hemant Mishra/Mint)

Private banks slow to give rate cut benefits

3 min read . 13 Jan 2020

The new rate, SBI said, will be applicable from 1 January (Photo: Reuters)

Home loans set to get cheaper as SBI lowers lending rate by 25 bps

3 min read . 31 Dec 2019

Bank of Baroda has reduced its one-year MCLR rates, to which all retail loans are linked to, only marginally by 5 bps to 8.25 percent, the bank said in statement. (Reuters)

Bank of Baroda lowers MCLR lending rates by 20 bps

1 min read . 10 Dec 2019

RBI asks banks to link retail and MSME loans to external benchmark from 1 Oct

RBI asks banks to link retail and MSME loans to external benchmark from 1 Oct

1 min read . 04 Sep 2019

Anand also flagged the risks of such a move of linking interest rate to the repo rate set by RBI for the customers.

Axis Bank says linking loans to repo is not the only way for faster transmission

2 min read . 19 Aug 2019

OBC, IDBI Bank cut MCLR up to 15 basis points

OBC, IDBI Bank cut MCLR up to 15 basis points

1 min read . 09 Aug 2019

Union Bank of India cuts MCLR by up to 20 bps across tenors

1 min read . 30 Jul 2019

SBI, ICICI Bank, Bank of Baroda and many other banks have recently cut their MCLR rates

SBI, ICICI Bank, Bank of Baroda cut MCLR: What it means your home loan EMIs

2 min read . 20 Jul 2019

Your SBI home loan just got cheaper as lender cuts MCLR by 5 bps from 10 July

1 min read . 09 Jul 2019

The benchmark one-year MCLR has been cut by 10 bps to 8.60 per cent as against 8.70% (Photo: Reuters)

Bank of Baroda cuts one-year MCLR by up to 10 bps to 8.6%

1 min read . 05 Jul 2019

Your home loan to get a reset

2 min read . 04 Jul 2019

IDBI Bank cuts MCLR by 5-10 bps across various tenors

IDBI Bank cuts MCLR by 5-10 bps across various tenors

1 min read . 12 Jun 2019

Oriental Bank of Commerce has left MCLR for overnight and 3 month tenor unchanged at 8.30 per cent and 8.50 per cent, respectively. (Pradeep Gaur/Mint)

Oriental Bank of Commerce cuts MCLR by 0.10% for various tenors

1 min read . 11 Jun 2019

Bank of Maharashtra cuts one-year MCLR by 0.10% to 8.60%

1 min read . 07 Jun 2019

Bare Talk

Could Indian banks set their own lending rates, please?

4 min read . 03 Jun 2019

United Bank of India cuts MCLR by 5 basis points

United Bank of India cuts MCLR by 5 basis points

1 min read . 17 Apr 2019

In a 4:2 majority vote, the central bank had cut the repo rate to 6%

IOB reduces lending rate by a marginal 5 bps to 8.65%

1 min read . 09 Apr 2019

Punjab & Sind Bank hikes MCLR by 0.05% on six-month tenor

Punjab & Sind Bank hikes MCLR by 0.05% on six-month tenor

1 min read . 16 Mar 2019

MCLR rate cut: How it impacts your loans

MCLR rate cut: How it impacts your loans

2 min read . 16 Mar 2019

Banks revise rates, but don’t transfer your home loan yet

Banks revise rates, but don’t transfer your home loan yet

4 min read . 13 Mar 2019