MCLR, introduced by the RBI in 2016, determines the minimum interest rate banks can lend, replacing the base rate system. It ...

The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...

As of March 2025, several leading banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and ...

The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...

MCLR, or Marginal Cost of Funds-Based Lending Rate, is the minimum interest rate below which banks cannot lend. Introduced by ...

RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate ...

HDFC Bank has revised its Marginal Cost of Funds-based Lending Rate (MCLR). The bank has reduced the 2-year MCLR by 5 basis points (bps). Other loan tenures remain unchanged. New MCLR Rates Effective ...

State-owned Canara Bank Ltd on Tuesday (March 11) announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR ...

Despite this, corporate borrowing costs remain unchanged due to firm MCLR rates and year-end demand for funds. MUMBAI: RBI has pumped in over Rs 5 lakh crore into the banking system since mid-Jan ...