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1 min read

SBI raises lending rates by 5 to 10 basis points; New loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…

ANI   


Business Insider Latest Story Image
1 min read

HDFC Bank loans to be cheaper as interest rates get slashed by 0.2%

The HDFC Bank has reduced the marginal cost of funds-based lending rates (MCLR) on loans across ten…

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3 mins read

Be prepared to pay higher EMIs: No room for loan tenor increase after RBI’s latest rate hike

Moreso because those borrowers who have been avoiding a bigger EMI in lieu of an extended …

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1 min read

SBI cuts interest rates making home and car loans cheaper

The State Bank of India (SBI) here on Wednesday reduced the marginal cost of funds-based lending ra…

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3 mins read

Five banks that offer cheaper home loan rates in India

The home loan segment has been in the limelight over the past two years as mortgage rates have been…

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3 mins read

Indian students going abroad to face a triple whammy of inflation, forex and interest rates

19-year-old Sakshi Shewale from Mumbai has been planning to go to Georgia in Europe for her medical…

Business Insider Latest Story Image
1 min read

SBI reduces MCLR by 5-10 bps in shorter tenors

State Bank of India (SBI) on Wednesday announced reduction in its marginal cost of funds-based lend…

Business Insider Latest Story Image
1 min read

SBI to cut MCLR by 25 bps from Jun 10

"Consequently, EMIs on eligible home loan accounts linked to MCLR will get cheaper by nearly Rs 421…

PTI   


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1 min read

Indian Overseas Bank cuts MCLR by up to 30 bps

The benchmark one-year MCLR, against which most of the consumer and retail loans are priced, has be…

PTI   


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Bank of Baroda cuts MCLR by up to 10 bps

The reduction in MCLR by the bank comes a day after the Reserve Bank of India left the repo rate u…

PTI   


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1 min read

Bank of Maharashtra cuts MCLR by up to 45 bps

Mumbai, Jan 6 () State-owned Bank of Maharashtra Monday said it has reduced its marginal cost of fu…

PTI   


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1 min read

Allahabad Bank cuts MCLR by 5 bps across tenors

The Asset Liability Management Committee of the bank has reviewed the existing MCLR and decided for…

PTI   


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1 min read

Bank of Maha introduces new external benchmark based lending rate, cuts MCLR

"We have introduced a new external benchmark rate linked to six month T-bill rate- External Benchm…

PTI   


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4 mins read

HDFC Bank may see credit growth but its margins will continue to remain under pressure in Q1

HDFC Bank is expected to fare better than its peer as it lines up to fire its first-quarter earning…

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1 min read

Indian Bank unveils five special emergency loans

The five special emergency loans -- the IND-COVIDEmergency Credit Line for corporate customers, IND…

PTI   


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2 mins read

SBI hikes home loan rates by up to 30 basis points

The effective rate for home loans above Rs 30 lakh and up to Rs 75 lakh has been increased to 7.65…

PTI   


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1 min read

HDFC slashes home loan rate by 0.05 pc

New Delhi, Jan 3 () In line with the country's largest lender SBI, HDFC Ltd on Friday reduced the b…

PTI   


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2 mins read

SBI and ICICI have cut lending rates

Under the revised rates, the one-year MCLR which determined a slew of products including home loans…

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3 mins read

Banks launch special emergency loans for customers amid COVID-19 crisis

"We expect that these credit lines will meet the immediate liquidity requirements of businesses. S…

PTI   


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1 min read

SBI will cut interest rates on fixed deposits and term deposits by 0.25%

India’s largest private sector bank State Bank of India (SBI) will reduce the interest rates on ter…