MCLR is the minimum interest rate, or the floor rate, that banks can charge on loans. MCLR rates are not linked to external ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...
The policy space arising out of the rate cut coupled with credit uptake and prudent fiscal operation would help in evolving ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
Tax relief measures and those relating to start-ups, MSMEs and exports in the Budget, and policy rate cut by the RBI, should ...
While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - ...
Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...
MUMBAI: Banks have been witnessing margin squeeze for a year now after being forced to offer better pricing for deposits as ...
Governor Ahsan H Mansur says that the policy rate will remain at 10 percent until inflation falls below 7 percent ...
The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to cut the policy repo rate by 25 basis points, from ...