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Page 3 - Mclr Rates

SBI to cut MCLR by 10 basis points across all tenors from Oct 10

The one-year marginal cost of funds-based lending rate (MCLR) would come down to 8.05% from 8.15% from October 10

SBI to cut MCLR by 10 basis points across all tenors from Oct 10
Updated On : 09 Oct 2019 | 11:59 PM IST

SBI cuts MCLR by 10 basis points, slashes term deposit rates by 20-25 bps

Bank official hints at another round of rate cuts following low credit offtake

SBI cuts MCLR by 10 basis points, slashes term deposit rates by 20-25 bps
Updated On : 09 Sep 2019 | 10:30 PM IST

Bank of Maharashtra cuts benchmark one-year MCLR by 0.10% to 8.60%

The one-year MCLR is the benchmark against which most customer loans such as auto, personal and home loans are priced.

Bank of Maharashtra cuts benchmark one-year MCLR by 0.10% to 8.60%
Updated On : 08 Jun 2019 | 1:41 AM IST

How opaque MCLR allows looting of borrowers

Will the RBI check what 'operating costs' are being loaded into MCLR calculations?

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Updated On : 03 Sep 2017 | 10:53 PM IST

Tipping Point: What is MCLR?

If you took a home loan after April 2016, it would be linked to a benchmark called MCLR

Tipping Point: What is MCLR?
Updated On : 01 Jun 2017 | 12:07 AM IST

HDFC Bank, Canara Bank cuts MCLR rates

The new rates are effective from January 7th

HDFC Bank, Canara Bank cuts MCLR rates
Updated On : 04 Jan 2017 | 8:41 PM IST