News

The revised rates see the overnight and one-month MCLR reduced by 10 basis points to 9.00%. Additionally, the three-month ...
HDFC Bank announces a decrease in its Marginal Cost of Funds-based Lending Rates. This reduction provides relief to borrowers ...
"As long as the Mumbai Interbank Forward Offer Rate (MIFOR) conditions are favourable, I think it will be conducive for NBFCs ...
State-owned lenders such as Bank of Baroda, Punjab National Bank (PNB), and Canara Bank have recently announced reductions in ...
State-owned Canara Bank has announced slashing the marginal cost of funds-based lending rate (MCLR) by 10 basis points (0.10 ...
Agarwal points out that rate changes in the external benchmark are transmitted automatically, without being influenced by a ...
Public sector banks including Bank of Baroda, PNB, and Canara Bank reduce MCLR rates by 5 bps across tenures from May 2025. Home and personal loan EMIs may ease.
State Bank of India has decided to keep its key lending rates unchanged for May 2025, following a 0.25% rate cut in April ...
Monetary policy has grown more effective. RBI’s rate-formula tweak for corporate lending may have made a difference.
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