Home » mclr

You Searched For "mclr"

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

Bank of Baroda hikes MCLR by 5 bps across tenors

The rise in MCLR will make home, auto and other loans costlier for customers.

5 Sept 2018 4:30 PM IST

Public lender United Bank of India has increased the marginal cost of funds based lending rate (MCLR) by 5 basis point or 0.05 per cent across tenors.

United Bank of India increases lending rate by 5 basis points

The one-year MCLR has been increased to 8.85 per cent from 8.80 per cent.

13 Sept 2018 12:40 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

Savings bank rate cut to up competition for HFCs from banks

HFCs will face a margin contraction in this segment limiting the spreads to absorb all the costs.

18 Aug 2017 7:02 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Saving deposit rate cuts to lead to lower lending rates: report

A cut in the MCLR beyond 0.35 per cent would become a margin dilutive proposition.

13 Aug 2017 11:58 AM IST

Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

Bank of Maharashtra cuts MCLR rates by 0.05-0.15 per cent from monday

Base rate remains unchanged at 9.70 per cent per annum, Bank of Maharashtra said in a regulatory filing.

7 Aug 2017 8:02 PM IST

For one, three and six months as well as one, three and five years, the new MCLRs have been revised down by 0.10 per cent each.

PNB revises down MCLR by 0.10-0.15 pc from today

The new MCLR for one-year tenure is 8.35 per cent and for three years, 8.50 per cent.

1 May 2017 4:24 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI reduces term deposit rates by up to 50 bps

SBI will offer a rate of 6.25 per cent as compared to 6.75 per cent earlier

1 May 2017 12:27 PM IST

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

DCB Bank cuts MCLR rates by up to 0.57 per cent

Banks have switched to MCLR as their new benchmark lending rate from June last year.

18 July 2017 7:27 PM IST

MCLR for the 3-month period has been decreased by 0.8 percentage points to 8.40 per cent.

UCO Bank cuts lending rate by up to 0.8 per cent

MCLR for the 3-month period has been decreased by 0.8 percentage points to 8.40 per cent.

10 Jan 2017 4:27 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI cuts saving account rate by 0.5 pc on balance upto Rs 1 cr

SBI said revision of saving bank rate will enable the bank to maintain MCLR at existing rates.

31 July 2017 1:29 PM IST

The overnight MCLR has been reduced to 8.10 per cent from 8.80 per cent.

Bank of Baroda reduces MCLR by 75 basis point

New rates by Bank to be effective from January 7 and applicable toto all borrowed accounts.

5 Jan 2017 5:32 PM IST

After revision, the one-year MCLR comes down to 9 per cent, while the one month and three month MCLRs will be 8.25 per cent and 8.40 per cent, respectively.

Kotak Mahindra Bank cuts MCLR by up to 0.45 pc

Banks have moved to MCLR as their new benchmark lending rate from April 2016, replacing the base rate system for new...

2 Jan 2017 3:21 PM IST