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FEATURES OF MCLR
SBI aims to double YONO app users to 20 cr in 2 years, plans significant investment: ChairmanState Bank of India is launching YONO 2.0, a new version of its mobile banking app. The bank aims to double its YONO user base to 20 crore ...14 Dec, 2025, 04.29 PM IST- GAIL chief's dissent note shows rift in PNGRB gas reform panelThe panel on boosting domestic gas use has proposed major reforms—lifting LNG resale limits, creating an independent pipeline operator, rea...12 Nov, 2025, 12.34 AM IST
- Possession delay: MahaREAT asked homebuyer to pay Rs 13 lakh interest to builder despite 2.5 years delay in delivery of Rs 1.65 crore apartmentA Mumbai homebuyer will pay Rs 13 lakh net interest to a builder after deduction of his interest payment from the builder. The builder must...07 Nov, 2025, 02.56 PM IST
- Cheaper home loan from Bank of Baroda: Lowest rate starts from 8% for these borrowersBank of Baroda has reduced home loan interest rates by 40 bps, starting at 8.00% p.a. for new borrowers, effective May 5, 2025. This reduct...06 May, 2025, 01.34 PM IST
- HDFC Bank increases lending rate by 5 bps on this tenure; check detailsHDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain unchanged. Th...07 Feb, 2025, 05.26 PM IST
- HDFC Bank hikes these loan interest rates by up to 15 bps: EMIs to go upHDFC Bank has increased the benchmark marginal cost of funds-based lending rates (MCLR) by up to 15 basis points. The new rates are effecti...07 Jun, 2023, 04.02 PM IST
- Axis Bank-Citibank merger complete: What will happen to your Citi credit card, Citi debit card, savings, NRE account, home loan?Citibank's consumer business in India will be transferred to Axis Bank, as of March 1, 2023. Citibank India has announced on its website th...03 Mar, 2023, 11.34 AM IST
- Indian hotel industry will collapse if not supported by the govt and RBI: HAI"An immediate term solution will only defer the crisis as what is needed is a longer-term solution spanning the next 24-36 months which sol...28 Jul, 2020, 08.22 PM IST
- SBI plans to review repo-linked home loanThe repo-linked lending rate is a positive development as both customers and in many cases, those distributing the loans were not aware of ...06 Sep, 2019, 09.58 AM IST
- SBI plans to establish nearly 10 lakh YONO Cash PointsThe bank has no plans to discontinue debit cards but increased use of the digital platform will itself reduce the requirement of the debit ...21 Aug, 2019, 03.56 PM IST
- SBI links home loan interest rates to repo rate: Will borrowers gain?SBI has decided to link its home loan interest rates to the repo rate. Here's what this means for borrowers.19 Jun, 2019, 10.48 AM IST
- Should you opt for a home loan from bank or housing finance company?At any point in time, you always have the option to transfer your home loan from HFC to a bank at lower interest rates and other favourable...15 Jun, 2019, 10.10 AM IST
- need2know: 11 macro cues for your day on D-StreetA lowdown on top macro triggers that may move market on Wednesday.04 Apr, 2018, 08.06 AM IST
- Linking interest rates to MCLR may hurt borrowers more than benefit themThe RBI has asked banks to link the base rate with the MCLR to extend the benefit of floating rates. But the timing of the move may hurt bo...04 Apr, 2018, 06.20 AM IST
- RBI may opt for status quo in next policy: SBI reportThe Monetary Policy Committee of the Reserve Bank reduced the key interest rate (repo) by 25 basis points to 6 per cent in August.27 Sep, 2017, 06.54 PM IST
- COAI doesn’t rule out raising Jio phone issue with authorities in future: Rajan S MathewsClearly Jio launch has stimulated the 4G market and the usage of data has increased tremendously.25 Jul, 2017, 03.54 PM IST
- The entire community of real estate developers welcomes the Act : Rajeev Talwar, CEO, DLFThis act will really sift out those who can provide development of real estate projects on time, on schedule and to the satisfaction of the...01 Nov, 2016, 03.02 PM IST
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