TheNewsClues
Clues by Admin • 2 Aug 2018, Thursday
Pre-empting RBI’s move to raise the benchmark repo rate by 25 basis points to 6.5%, at least three banks — Union Bank of India, Kotak Mahindra Bank and Karnataka bank — increased their marginal cost of lending rates (MCLR). Union ... Continue Reading
Read More at The Economic Times
Clues by Admin • 2 Jun 2018, Saturday
Days ahead of RBI’s monetary policy review, India’s three major banks SBI, PNB and ICICI Bank on Friday increased their benchmark Marginal Cost of Lending Rate (MCLR) by up to 0.1%, making loans costlier for consumers. The ... Continue Reading
Read More at Livemint
Clues by Admin • 1 Jun 2018, Friday
The country's largest bank State Bank of India (SBI) has hiked its effective Marginal Cost of Lending Rate (MCLR) by 0.10% across all tenures with effect from June 1, 2018. An increase in MCLR would normally result in higher interest payable by ... Continue Reading
Read More at The Economic Times
Clues by Admin • 7 Mar 2018, Wednesday
HDFC ,the second largest private sector lender, raised its one year MCLR (Marginal cost of fund based lending rate) by 10  bps to 8.3 percent effective from March 7, 2018. This move came after  State Bank of  India and ICICI bank ... Continue Reading
Clues by Admin • 1 Mar 2018, Thursday
Home and auto loans are set to get costlier as banks increase their benchmark lending rates. State Bank of India has raised its one-year MCLR lending rates by upto 0.20% (20 basis points) to 8.15 per cent, with immediate effect, setting the tone ... Continue Reading
Read More at News18
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