Indian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capita...

home loan interest rates: The RBI's decision to maintain the repo rate at 5.25% has left borrowers questioning the impact on home loan inte...

The Reserve Bank of India has kept the repo rate steady at 5.25%. Home loan borrowers may see temporary relief. However, rising inflation, ...

SBI lending rates: State Bank of India (SBI) has announced the latest marginal cost of funds-based lending rates (MCLR) on loans for the pe...

The public sector bank, Canara Bank, has hiked the marginal cost of funds based lending rate (MCLR) after the Reserve Bank of India (RBI) k...

Punjab National Bank and Bank of India have hiked MCLR by up to 40 bps and up to 15 bps, respectively, across MCLR tenures.

With effect from November 18, 2022, Axis Bank has raised its marginal cost of funds-based lending rate (MCLR) across all tenors by 10 basis...

Keeping up with the trend of hiking interest rates, three banks (one private sector and two public sector banks) namely- ICICI Bank, Punjab...

ICICI Bank has announced the hiking of external benchmark lending rate (EBLR) by 50 basis points and marginal cost of funds lending rate (M...

Housing, vehicle, personal, and other loans will all become more expensive as a result of this hike. Bank customers would see higher equiva...

Post today's repo rate hike, if you plan on taking a loan, you should not wait any longer.

SBI hiking of the MCLR makes it the first hike in the 1-year MCLR since the inception of a new lending rate system in April 2016,

For an existing borrower, the MCLR cuts in the previous 6 or 12 months matters as it will decide the new rate on the reset-date.

Under MCLR based lending, do not expect EMI's to fall every time RBI cuts rate. Instead, have a systematic partial prepayment plan in place.

With the current reduction in MCLR, this may be the best time to re-negotiate and switch your loan over to the MCLR system.

Home loan borrowers servicing EMIs under the base rate should switch to MCLR to lower the interest burden. Here's why and how you should go...

Now that the bank's marginal cost of funds based lending rate is in place, here's how it works and what to keep in mind while taking a home...