Punjab National Bank also increased its benchmark lending rates or MCLR last week.
11 Oct 2018 5:17 PM
RBI might increase the repo rate for the third time this year by 25 basis points in its policy review.
02 Oct 2018 8:25 AM
Punjab National Bank had increased its benchmark lending rates or MCLR for short-term loans by up to 0.2 per cent.
01 Oct 2018 4:41 PM
The one-year MCLR has been increased to 8.85 per cent from 8.80 per cent.
13 Sep 2018 12:40 PM
The rise in MCLR will make home, auto and other loans costlier for customers.
05 Sep 2018 4:30 PM
State Bank of India has increased the lending rate by 20 basis points across all tenors up to three years.
01 Sep 2018 11:19 AM
The bank has increased MCLR rates by 10 bps for various tenors, it said in a statement.
08 Jun 2018 1:34 PM
The Bank's 1-year MCLR will be 8.45 per cent, which is competitive as per the current market scenario.
06 Jun 2018 10:04 AM
This is the first lending revision by the bank since April 2016 and comes a day after it massively raised retail and bulk deposit rates.
01 Mar 2018 5:36 PM
Fiscal deficit or gap between total expenditure and revenues has been pegged at 3.3 per cent for the next fiscal.
10 Feb 2018 3:59 PM
Stock markets have been on a sharp downslide this week, barring just one session, amid a global rout in equities.
10 Feb 2018 3:43 PM
The move is likely to trigger a similar action from other public as well as private sector lenders in the coming days.
02 Jan 2018 1:34 AM
Nation's largest lender revised down the base rate to 8.65 per cent for existing customers from 8.95 per cent.
01 Jan 2018 5:07 PM
MCLR for overnight, and six-month lending have been kept unchanged at 8.10 per cent and 8.30 per cent.
09 Dec 2017 11:19 AM
The RBI has cut its policy rate by a total of 200 basis points from January 2015 to August 2017.
05 Oct 2017 5:44 PM
Reserve Bank's policy repo rate are better suited than other interest rates to serve role of an external benchmark.
05 Oct 2017 9:52 AM
The base rate/MCLR regime is also not in sync with global practices on pricing of bank loans.
04 Oct 2017 4:24 PM
The loans with 3 and 6 month and 1 year tenors will have a reduced MCLR by 0.15 per cent.
29 Sep 2017 5:26 PM
New one-year MCLR has been set at 8.20 per cent as against 8.40 per cent earlier.
01 Sep 2017 2:46 PM
HFCs will face a margin contraction in this segment limiting the spreads to absorb all the costs.
18 Aug 2017 7:02 PM