Mclr

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

Small deposits, loans will continue to be MCLR based, says SBI

Small deposits, loans will continue to be MCLR based, says SBI

3 min read . 09 Mar 2019

The new rates will be effective from 10 March

Syndicate Bank cuts MCLR by 0.10 percentage points

1 min read . 09 Mar 2019

People walk past a Punjab National Bank branch in Mumbai. (Reuters)

Punjab National Bank to cut lending rates by 10 bps on 1 March

1 min read . 27 Feb 2019

The move comes a day after the RBI cut the key policy rate by 25 bps from 6.50% to 6.25% (Reuters)

SBI rate cut: no impact?

3 min read . 16 Feb 2019

Among others, six-month and three-month MCLRs are revised upward by 0.10% each to 8.75% and 8.70%, respectively. Photo: PTI

Karnataka Bank revises up 1-year MCLR by 0.15%

1 min read . 01 Jan 2019

In India’s case, it has been a Herculean task to make banks give borrowers the benefit of monetary policy changes and most of the Reserve Bank of India’s (RBI’s) efforts have been lost in transmission.

RBI’s new loan rate math for banks cannot ignore deposits

2 min read . 10 Dec 2018

RBI deputy governor N.S. Vishwanathan said linking rates to external benchmarks will assure transparency. Photo: Abhijit Bhatlekar/Mint

Taking a loan? Rates to now be linked to external benchmark

3 min read . 06 Dec 2018

Loan switch to a lower rate makes sense if the savings over the years are higher than the transfer cost of the switch. Photo: iStock

How to choose a suitable home loan provider

5 min read . 26 Nov 2018

HDFC Bank said the new interest rate on deposits below Rs1 crore for various tenors will come into effect from Tuesday. Photo: Mint

HDFC Bank hikes deposit rates by up to 0.5% for various tenors

1 min read . 07 Nov 2018

The benchmark one-year MCLR rate — on which most of retail loans are based--stands increased to 8.50%. Photo: Mint

PNB hikes MCLR by 5 basis points across tenors from 1 November

1 min read . 30 Oct 2018

Before you decide to foreclose your home loan, consider the tax benefits you get on repayment of interest and principal amount every year. Photo: iStock

Interest rates going up: Time to pre-pay your home loan?

3 min read . 11 Oct 2018