Banks are expected to lower deposit rates starting April to maintain margins, following a probable repo rate cut. Despite a recent reduction in the repo rate, most banks, including top lender SBI, ...

MCLR, introduced by the RBI in 2016, determines the minimum interest rate banks can lend, replacing the base rate system. It directly affects loan pricing for borrowers and offers insights for ...

RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate ...

Indias largest public sector SBI has announced its latest marginal cost of funds-based lending rate (MCLR) for March 15 and ...

New Delhi: In what would have an impact on both home and personal loans, among others, State Bank of India (SBI) has ...

The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...

The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...

As of March 2025, several leading banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and IDBI Bank, have revised their marginal cost of funds-based lending rates ...

Experts say the RBI is expected to continue with its interest rate easing cycle with another 25 bps rate cut in April, after ...

HDFC Bank has revised its Marginal Cost of Funds-based Lending Rate (MCLR). The bank has reduced the 2-year MCLR by 5 basis points (bps). Other loan tenures remain unchanged. New MCLR Rates ...

Since only the 2-year MCLR has been reduced, the impact on longer-tenure loans is minimal. HDFC Bank’s decision to lower the ...