The six-month MCLR is set at 9.40 per cent and the one year rate which is linked to many consumer loans, stands at 9.45 per cent.
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SBI’s latest hike in its Marginal Cost of Funds Based Lending Rate (MCLR) comes shortly after the RBI kept the repo rate steady at 6.5 per cent.
The six-month MCLR is set at 9.40 per cent and the one year rate which is linked to many consumer loans, stands at 9.45 per cent.
HDFC Bank raised its MCLR for 3-month tenure by 5 basis points, with its MCLR interest rates now ranging between 9.10% and 9.45%
HDFC Bank raised its MCLR for 3-month tenure by 5 basis points, with its MCLR interest rates now ranging between 9.10% and 9.45%
Frankfurt trims its key lending rate, the one that affects mortgage rates, by 25 basis points to 4 per cent, providing some relief for mortgage...
RBI governor Shaktikanta Das emphasizes the need for steady policy amid softening inflation, targeting a rate of 4%.
RBI governor Shaktikanta Das emphasizes the need for steady policy amid softening inflation, targeting a rate of 4%.
The Fed has not cut rates since pulling them all the way back to 0-0.25% in March 2020.
India’s central bank governor Shaktikanta Das signaled no immediate plans to cut interest rates despite recent easing in inflation. Speaking at a...
India’s central bank governor Shaktikanta Das signaled no immediate plans to cut interest rates despite recent easing in inflation. Speaking at a...
A Corporate Area man was issued a stern warning by Senior Parish Judge Sanchia Burrell on Monday, after he charged 30 per cent interest rate on a...