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One of the most important sectors from which bank generate its income is through the Home Loan department.

How SBI, ICICI Bank cut MCLR will affect your home loans EMIs? read

A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.

24 July 2019 1:21 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Banks make token rate cuts

On Tuesday, State Bank of India announced a cut in its marginal cost of funds-based lending rate (MCLR) by 5 bps across...

10 July 2019 2:48 AM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Banks cut rates, to roll out repo-linked loans

Bank of India said that it has cut the one-year MCLR where more than 80 per cent of its loan book sits by 25 bps,...

10 Aug 2019 1:24 AM IST

Shaktikanta Das

RBI cuts rate 0.35 per cent, EMIs set to fall

The 35 basis points (bps) cut in the repo rate is unusual, as the RBI has been changing the interest rate by 25 or 50...

8 Aug 2019 2:04 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI lowers lending rates by 15 bps from August 10

The new one-year MCLR or the marginal cost based lending rates will come down to 8.25 per cent from 8.40 pc annum.

7 Aug 2019 2:45 PM IST

SBI reduces interest rates on fixed deposits, home loans

SBI reduces interest rates on fixed deposits, home loans

The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.

9 Sept 2019 11:09 AM IST

The government was forecast to set a fiscal deficit target of 3.6 per cent of GDP for 2020-21, up from 3.3 per cent targeted for the current year, the poll found.

RBI makes mandatory for banks to link retail loans with external...

A move aimed at ensuring faster transmission of policy rate cuts to borrowers.

5 Sept 2019 10:49 AM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI cuts MCLR by 5 bps across tenors

The one-year MCLR has come down to 7.85 per cent per annum from 7.90 per cent.

7 Feb 2020 11:15 AM IST

SBI is Indias largest public sector lender. (Photo: PTI)

SBI hikes lending rates by up to 20 bps to 8.15 per cent

This is the first lending revision by the bank since April 2016 and comes a day after it massively raised retail and...

1 March 2018 5:36 PM IST

Bank of India has cut MCLR rates by 0.05-0.10 per cent for various tenors from September 10. Photo: PTI

Bank of India hikes lending rate based on MCLR by 0.10 per cent

The bank has increased MCLR rates by 10 bps for various tenors, it said in a statement.

8 Jun 2018 1:34 PM IST

Customers outside the Bank of Baroda branch at Juinagar, which did not have any CCTV.

Bank of Baroda reviews lending rates

The Bank's 1-year MCLR will be 8.45 per cent, which is competitive as per the current market scenario.

6 Jun 2018 10:04 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI hikes benchmark lending rate by 0.2 per cent

State Bank of India has increased the lending rate by 20 basis points across all tenors up to three years.

1 Sept 2018 11:19 AM IST