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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
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 …
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…
IOB, Bank of Maharashtra cut lending rates
Rates for other tenors, from three months to three years, have been reduced in the range of 0.05-0…
PTI
Don't be in a hurry to prepay but plan EMIs better, say experts as home loan burden set to rise
The RBI has raised interest rates by 25 basis points to 6.5%, which will make home loan borrowers' …
Bank of Baroda, Union Bank of India reduce lending rates
Private sector lender HDFC Bank and state-run Bank of Maharashtra (BoM) have also slashed their MC…
PTI
Indian Bank cuts lending rate by 30 basis points
Three-month MCLR has been revised to 7.70 per cent from 8 per cent while six-month rate has come d…
PTI
PNB, IOB cut lending rates by 75 basis points
"We have decided to pass on the full benefit of the recent RBI's policy rate cut of 75 bps to our …
PTI
Canara Bank cuts in repo-linked lending rate by 40 bps
With the reduction, it said the one-year MCLR has been revised down to 7.65 per cent from existing …
PTI
Uco Bank reduces repo-based lending rate by 40 bps
Earlier in the day, another public sector bank, Bank of India (BOI), announced a 40 basis points c…
PTI
It’s time to shift to fixed home loan rates, say experts after third rate hike in 4 months
Home loan EMIs are all set to rise once again as the Reserve Bank of India (RBI) increased the key …
Bank Of India slashes external benchmark lending rate by 75 bps
"The external benchmark lending rate has been reduced by 75 bps to 7.25 per cent per annum. With th…
PTI
PNB cuts repo-linked lending rate by 40 bps to 6.65 pc
It has further reduced its term deposit rates in various maturities bucket with a maximum rate of …
PTI
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
Bank of Maharashtra announces cut in repo-linked lending rate by 40 bps to 7.05 pc
Most of the banks have passed on the benefit of reduction in 40 bps in repo rate announced by the …
PTI
SBI cuts benchmark lending rate by 15 bps; launches spl deposit scheme for senior citizens
To safeguard the interests of senior citizens in the current falling rate regime, the bank has intr…
PTI
Bank of India cuts MCLR by 25 bps across all tenors
The lender said its external benchmark lending rate, which is linked to the Reserve Bank of India'…
PTI
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
Union Bank of India cuts MCLR by up to 15 bps across all tenors
The revision in MCLR by the bank comes a day after the country's largest lender State Bank of India…
PTI
RBI's moves to boost forex inflows could have an impact on domestic borrowing rates
Reacting to RBI's moves on Wednesday, Emkay Global in a report said: "While these measures to boost…