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WHAT IS MCLR
Changes in EBLR & MCLR framework, interest rate charging mechanism and how reset dates are decided- RBI proposalRBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to ha...
Nabard cancels Rs 8,000 cr bond issue on high-yield bidsNabard rejected its ₹8,000-crore bond offering as investors sought higher yields. This withdrawal highlights investor caution in the primar...
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
Borrowers take note: HDFC Bank revises lending rates for different tenures; check updated listHDFC Bank has adjusted its MCLR rates, with changes effective July seventh, 2026. The overnight MCLR decreased by five basis points, while ...
Canara Bank, Bank of Baroda increase lending rates: Why loan EMIs for these borrowers may riseBank of Baroda and Canara Bank have raised their lending rates. These changes are effective from June 12, 2026. Loans linked to these rates...
HDFC Bank borrower alert: EMIs on these loans to cost more as bank raises lending rates by up to 10 bpsHDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised...
Loan EMIs set to increase: Canara Bank raises lending rates by 5 bps on these tenures; Bank of Baroda MCLRs remain unchangedCanara Bank has revised its lending rates. The bank increased its Marginal Cost of Funds Based Lending Rate by 5 basis points for all loan ...
HDFC Bank reduces lending rates on select tenures: Who will benefit?HDFC Bank has adjusted its lending rates. Effective May 7, 2026, some loan tenures will see a reduction of up to 5 basis points. However, o...
Lower loan EMIs ahead: Canara Bank cuts lending rates across tenures by 5 bpsCanara Bank has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) by 5 basis points across all tenures, effective November 12, ...
HDFC Bank cuts lending rates: Home loan EMIs to fall for these borrowers as HDFC Bank trims MCLR on select tenuresHDFC Bank has lowered its MCLR rates by up to 10 basis points on select loan tenures. These revised rates are effective from November 7, 20...
Loan EMI to fall for these borrowers as HDFC Bank cuts lending rates on select tenuresHDFC Bank has lowered its Marginal Cost of Funds-based Lending Rates. Borrowers with loans linked to this benchmark will benefit from the r...
HDFC Bank cuts lending rates on select tenures by up to 5 bps: Check how it can impact your loan EMIHDFC Bank announces a reduction in its Marginal Cost of Funds-based Lending Rates. This move will benefit borrowers with loans linked to MC...
ET EXPLAINER: What are MCLR Rates?MCLR is the minimum interest rate, or the floor rate, that banks can charge on loans. MCLR rates are not linked to external benchmarks like...
SBI MCLR from December 15, 2024: Check latest SBI MCLR, base rate hereSBI MCLR December 15, 2024: The State Bank of India (SBI) has announced its latest Marginal Cost of Funds-Based Lending Rate (MCLR) for the...
HDFC Bank hikes home loan, and other lending rates by up to 15 bps: Check new ratesThe Marginal Cost Based Lending Rate (MCLR) has increased by up to 15 basis points (bps) on certain tenors. The new rates are applicable fr...
SBI increases home loan, car loan, personal loan interest ratesThe State Bank of India (SBI) has raised loan interest rates namely MCLR, EBLR, RLLR following the 25 basis point increase in the repo rate...
HDFC Bank raises loan interest rates; EMIs to rise furtherThe Marginal Cost of the Fund-Based Lending Rate or the MCLR is the minimum interest rate a financial institution needs to charge for a spe...
Bank of Baroda hikes MCLR by up to 30 bps; home loan, other loan EMIs to go upBank of Baroda has hiked its marginal cost of funds-based lending rate (MCLR) by 25 to 30 basis points. The latest loan interest rates come...
Axis Bank hikes interest rates on loans: EMIs to increase furtherWith effect from November 18, 2022, Axis Bank has raised its marginal cost of funds-based lending rate (MCLR) across all tenors by 10 basis...
Bank of Baroda hikes MCLR on loansBank of Baroda has increased its loan marginal costs of funds-based lending rates (MCLR). According to a statement with the BSE by Bank of ...