Tuesday, April 7, 2020
Tags Mclr

Tag: mclr

Andhra Bank to cut MCLR by 10 bps across all tenors...

Andhra Bank will cut the marginal cost of funds based lending rates (MCLR) by 10 basis points across tenors from today. The bank will...

Bank of Maharashtra cuts MCLR by 0.10%

State-owned Bank of Maharashtra on Thursday announced a cut in its marginal cost of funds based lending rates by 0.10 percent across tenors.The benchmark...

SBI cuts non-repo-linked loans by 10 bps; lowers select FD rates...

In related news, India's largest bank has cut interest rates on fixed deposits, a second in one month, by 10 basis points (100 bps=1...

SBI cuts minimum lending rate for 6th time in one year

The State Bank of India on Wednesday announced a reduction in its marginal cost of fund based lending (MCLR) rate by 10 basis points...

Indian banking business just got more complex

'Rating agency Moody's Investor Services has already warned that the move would be credit negative for banks, causing volatility in net interest margins. 'One...