Higher EMIs ahead as Canara Bank increases MCLR on these tenors; also check Bank of Baroda, IDBI Bank lending ratesLending rates: Borrowers may face higher loan EMIs as Canara Bank raises lending rates on longer tenors. Bank of Baroda maintains its curre...
12 Mar, 2026, 03.05 PM IST
SBI home loan interest rates in September 2023The MCLR-based rates will now range between 8% and 8.75%. The bank revised Benchmark Prime Lending Rate to 14.95% from 14.85%, effective fr...
15 Sep, 2023, 01.44 PM IST
HDFC Bank hikes interest rates on these loans by up to 15 bps; Check latest interest ratesOn some tenures, HDFC Bank has raised the benchmark marginal cost of funds-based lending rates (MCLR) by as much as 15 basis points.
07 Sep, 2023, 11.56 AM IST
HDFC Bank hikes loan interest rates; EMIs to increase furtherHDFC Bank has raised its marginal cost of funds-based lending rates (MCLR) across tenures by 5 basis points. According to HDFC Bank's websi...
07 Mar, 2023, 04.12 PM IST
SBI hikes interest rates of repo rate linked home loansSBI has increased its home loan external benchmark lending rate (EBLR) to 7.05 percent, while the RLLR will be 6.65 percent +CRP. According...
25 May, 2022, 11.10 AM IST
North Eastern Development Finance Corporation Ltd announces new Interest Rate StructureNEDFi added that the new Interest Rate Structure will be called External Benchmark Rate (EBR) and henceforth, all new loans above Rs.100 la...
08 Aug, 2020, 05.23 PM IST
Kotak Bank lowers lending rate by a marginal 5 bpsKotak Mahindra Bank cut the MCLR in four tenors, including the important one-year maturity ones to which all the major consumer loans inclu...
28 Feb, 2019, 06.11 PM IST
RBI may soon do away with MCLRBankers say a review is immiment as MCLR system has not reflected changes in rates.
30 Aug, 2018, 08.34 AM IST
At 8.35%, Bank of Baroda's home loan rate is cheapest of allExisting home loan borrowers of other banks and housing finance companies will also be able to transfer their loans to Bank of Baroda free ...
10 Jan, 2017, 08.04 AM IST
Bank of Baroda slashes rates, offers lowest home loan rate at 8.35 per centExisting Home Loan borrowers of other banks and housing fianance companies will also be able to transfer their loans to Bank of Baroda free...
09 Jan, 2017, 07.01 PM IST
Axis Bank cuts lending rates by up to 0.15%The one year MCLR -- which is crucial in determining the rate of interest for a slew of products including home loans -- has been set at 8....
16 Dec, 2016, 09.14 PM IST
Dena Bank lowers lending rate by 5 bps to 9.40%Under the revised rates, the one-year MCLR has been fixed at 9.4% while the most competitive overnight MCLR is 9.15%, the Ahmedabad-based b...
01 Nov, 2016, 04.47 PM IST
State Bank of India, ICICI Bank cut lending ratesMCLR was introduced from April this year as a transparent and effective alternative by the RBI, after banks refused to pass on the benefits...
29 Oct, 2016, 10.37 AM IST
ICICI Bank reduces MCLR by 0.05 per centThe overnight MCLR will be 8.90 per cent under the revised rate structure which is effective from today, sources said.
01 Aug, 2016, 02.57 PM IST
ICICI cuts lending rate by 0.05%Changes have also been effected in the one-month, three-month and six-month MCLR, a table on the bank's website showed.
01 Jun, 2016, 09.34 PM IST
RBI's 25 bps rate cut: Happy times expected to continue for borrowersThe rate cut taken together with reduction in small savings rate and MCLR-linked lending is expected to put pressure on banks to cut lendin...
05 Apr, 2016, 01.24 PM IST
Banks can claw back Rs 1.2 lakh crore from CPs with MCLR regime: India RatingsDue to higher rates, outstanding commercial paper borrowing has grown to 14 per cent of the short-term bank credit in FY16, up from the 11 ...
31 Mar, 2016, 08.26 PM IST