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MCLR RATE CUT
SBI shares plunge 10% in two days after Q4. Do Morgan Stanley, Citi & Bernstein see a rebound soon?SBI shares fell over 3% on Monday and are down 10% in two sessions despite the lender reporting a 6% YoY rise in Q4 standalone net profit t...11 May, 2026, 11.06 AM IST- Buy, Sell or Hold: Elara Capital stays bullish on Titan Company, keeps ‘sell’ call on ABB IndiaBrokerages remain divided on large-cap stocks, with Elara Capital backing Titan Company on strong jewellery demand and revenue growth, whil...11 May, 2026, 09.07 AM IST
- As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEOIndian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capita...11 May, 2026, 01.04 AM IST
- RBI rate cuts partly passed on to borrowers in FY26, lending rates fall but not fully: ReportRBI's repo rate cuts in FY26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy redu...05 May, 2026, 02.49 PM IST
- HDFC Bank trims lending rates: EMIs for these loans to fall as lender cuts MCLR on select tenuresHDFC Bank lending rates: HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rates (MCLR) on select tenures by up to 5 basis poi...07 Apr, 2026, 12.16 PM IST
- Will loan EMIs drop in September as HDFC Bank, PNB, BoB and IOB cut their MCLR this month?Home loan borrowers can anticipate potential relief as several major banks, including HDFC Bank, Bank of Baroda, and Punjab National Bank, ...18 Sep, 2025, 05.20 PM IST
- Bank of Baroda cuts MCLR by 0.05 per cent across tenorsThe one-year tenor -- which is the benchmark for all consumer loans such as auto, retail, housing -- has been reduced to 7.45 per cent from...11 Nov, 2020, 01.00 PM IST
- Union Bank slashes MCLR by up to 15 bpsThis is the fourteenth consecutive rate cut announced by the bank since July 2019, the release by Union Bank said. Indian Overseas Bank (IO...10 Aug, 2020, 03.57 PM IST
- HDFC Bank cuts MCLR by 10 bps across all tenorsAccording to the HDFC Bank website after the latest rate reduction, its overnight MCLR stands reduced to 7 per cent, while one-month MCLR i...07 Aug, 2020, 03.39 PM IST
- Canara Bank slashes MCLR by up to 30 bps across various tenorsThe six-month MCLR has been cut to 7.40 per cent from 7.50 per cent, the bank said. The one-year MCLR has been revised to 7.45 per cent fro...06 Aug, 2020, 01.23 PM IST
- Union Bank reduces MCLR by 20 bps across tenorsThis is the thirteenth consecutive rate cut by the lender since July last year. Earlier this week, Canara Bank and Bank of Maharashtra (BoM...10 Jul, 2020, 12.07 PM IST
- HDFC Bank cuts MCLR by 20 bps across all tenorsAccording to the HDFC Bank website, its overnight MCLR stands reduced to 7.10 per cent, while one-month MCLR is 7.15 per cent. One-year MCL...09 Jul, 2020, 10.02 AM IST
- SBI cuts MCLR by 5-10 bps for short-term loans. Here are the latest ratesThis is the 14th consecutive reduction in the Bank’s MCLR. With this revision, SBI’s MCLR upto 3 months tenor comes down to 6.65 per cent p...08 Jul, 2020, 03.35 PM IST
- Canara Bank, Bank of Maharashtra cut MCLRBengaluru-based Canara Bank has cut its one-year MCLR to 7.55 per cent from 7.65 per cent earlier. Pune-headquartered Bank of Maharashtra (...06 Jul, 2020, 05.58 PM IST
- HDFC Bank cuts MCLR by 5 bpsThe rate cut is effective from Monday (June 8), according to its website. One-year MCLR, to which many of the consumer loans are tied, will...10 Jun, 2020, 03.35 PM IST
- Union Bank of India cuts MCLR by up to 10 bps across tenorsAfter the cut, Union Bank of India's one year MCLR now stands at 8.2 percent, down from 8.25 percent. According to a press release issued b...11 Dec, 2019, 11.59 AM IST
- May see cut in interest rates in February by RBI as inflation eases: Vinod Kathuria, ED, Union Bank of India"These MCLRs have been reduced by most of the banks and others will follow soon depending upon their formula."02 Jan, 2017, 05.24 PM IST
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