Mclr: Latest News and Updates, Top Stories, Videos, Photos About Mclr

Home Loan EMIs To Rise? 118-Year Old PSB Hikes MCLR Rates By 5 Bps Across Tenure, 1-Year Rate At 8.80%

Despite RBI holding the status quo on the repo rate for the sixth time in a row, 118-year-old Canara Bank hiked its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across tenures. The new interest rates of ...

Yes Bank, Canara Bank, HDFC Bank, ICICI: 4 Banks Have Revised Home Loan, Other Interest Rates In Jan 2024

As we have entered the new year 2024, certain banks in India including Yes Bank, Canara Bank, HDFC Bank, and ICICI Bank, among others have revised their marginal cost-based lending rates (MCLR). Before we proceed to the revised home loan rates ...

Bank Of Baroda Accountholders Alert: Lending Rates Hiked On Select Tenures; Check Complete Details Here

The benchmark lending rates at the State-owned Bank of Baroda (BoB) were increased across select tenures by 5 basis points (bps). The new rates are effective from January 12, 2024. In the latest update, the lender has revised its marginal cost ...

HDFC Bank Raises Lending Rates Amid RBI's Watchful Eye On Inflation

HDFC Bank has announced adjustments to its Marginal Cost of Funds-Based Lending Rates (MCLR) on select tenures, effective November 7, 2023, as the Reserve Bank of India (RBI) maintains a vigilant stance on inflation. In a move that could impact borrowers, ...

South Indian Bank Revises MCLR From August 20, 2023

Private lender South Indian Bank has revised the marginal cost of funds-based lending rate (MCLR) applicable for multiple tenors. The revised rates will be effective from 20 August 2023, according to the bank's official website. MCLRs effective from 20th August 2023 ...

Axis Bank Hikes MCLR By 5 Bps Across Tenures

India's leading private sector lender Axis Bank has hiked its Marginal Cost of Funds-based Lending Rates (MCLR) by 5 bps across tenures, according to information on the bank's website. The revised rates on the bank's loans will be in the range ...

HDFC Bank Hikes MCLR Rates By Up To 15 bps For Select Tenures

HDFC Bank, a leading private sector lender, has raised its benchmark marginal cost of funds-based lending rates (MCLR) by 5 basis points to 15 basis points, effective from Wednesday, June 07, 2023, according to HDFC Bank's website. Lending rates have been ...

2 Top Banks Revise Lending Rates: Check Details Here

Private bank, ICICI Bank and a public sector bank Punjab National Bank have revised their marginal cost-based lending rates (MCLR) for June 2023. They have increased it by a few basis points for specific terms and reduced it for some. However, ...

Loans To Get Cheaper From This Private Bank By Few BPS

HDFC Bank, one of the largest private bank player has revised its marginal cost based lending rate (MCLR) for certain terms by up to 85 basis points(bps) {1 basis point is equivalent to 0.01%}. The revised are shared on the Bank's ...

Loan Interest Rates- Top Banks Increased Lending rates in January 2023

Borrowers' equivalent monthly instalment (EMI) has increased as a result of several banks raising their marginal cost of funds-based lending rate (MCLR) in January 2023, impacting their customer Equated Monthly Installments (EMIs) as many bank loan customers are still linked to ...

Canara Bank Hiked Lending Rates by 15 to 25 bps- Check Here

Canara Bank, one of the leading public sector lenders, increased its lending rates across tenures by 15 to 25 basis points. According to a bank press release, the bank's tenor-linked Marginal Cost of Funds Based Lending Rate (MCLR) as of January ...

Kotak Mahindra Bank Hikes MCLR for Different Loans From January 16- Check Here

Kotak Mahindra Bank raised its marginal cost of funds-based lending rate (MCLR) across tenures by 10 to 30 basis points (bps) for various loan segments on Monday. The updated MCLR rates will be effective on January 16, 2023. The minimum interest ...

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