Thursday, Jul 07, 2022 | Last Update : 10:08 PM IST

mclr Page-2

Bank of India raises MCLR rates by 0.05 pc on two tenures

Punjab National Bank also increased its benchmark lending rates or MCLR last week.

11 Oct 2018 5:17 PM

Higher lending rates may spoil your festival plans

RBI might increase the repo rate for the third time this year by 25 basis points in its policy review.

02 Oct 2018 8:25 AM

HDFC Bank raises retail lending rate by 10 basis points

Punjab National Bank had increased its benchmark lending rates or MCLR for short-term loans by up to 0.2 per cent.

01 Oct 2018 4:41 PM

United Bank of India increases lending rate by 5 basis points

The one-year MCLR has been increased to 8.85 per cent from 8.80 per cent.

13 Sep 2018 12:40 PM

Bank of Baroda hikes MCLR by 5 bps across tenors

The rise in MCLR will make home, auto and other loans costlier for customers.

05 Sep 2018 4:30 PM


SBI hikes benchmark lending rate by 0.2 per cent

State Bank of India has increased the lending rate by 20 basis points across all tenors up to three years.

01 Sep 2018 11:19 AM

Bank of India hikes lending rate based on MCLR by 0.10 per cent

The bank has increased MCLR rates by 10 bps for various tenors, it said in a statement.

08 Jun 2018 1:34 PM

Bank of Baroda reviews lending rates

The Bank's 1-year MCLR will be 8.45 per cent, which is competitive as per the current market scenario.

06 Jun 2018 10:04 AM

SBI hikes lending rates by up to 20 bps to 8.15 per cent

This is the first lending revision by the bank since April 2016 and comes a day after it massively raised retail and bulk deposit rates.

01 Mar 2018 5:36 PM

Fiscal situation should be comfortable next financial year: Jaitley

Fiscal deficit or gap between total expenditure and revenues has been pegged at 3.3 per cent for the next fiscal.

10 Feb 2018 3:59 PM


RBI, Sebi need to be cognisant of market volatility: Urjit Patel

Stock markets have been on a sharp downslide this week, barring just one session, amid a global rout in equities.

10 Feb 2018 3:43 PM

SBI cuts base rate by 30 basis points

The move is likely to trigger a similar action from other public as well as private sector lenders in the coming days.

02 Jan 2018 1:34 AM

SBI lowers base rate, BPLR by 30 bps; leaves MCLR unchanged

Nation's largest lender revised down the base rate to 8.65 per cent for existing customers from 8.95 per cent.

01 Jan 2018 5:07 PM

OBC cuts MCLR by 0.05 per cent for select tenors

MCLR for overnight, and six-month lending have been kept unchanged at 8.10 per cent and 8.30 per cent.

09 Dec 2017 11:19 AM

RBI panel pushes new rules so lenders pass on rate cuts more quickly

The RBI has cut its policy rate by a total of 200 basis points from January 2015 to August 2017.

05 Oct 2017 5:44 PM


RBI panel suggests external benchmark rate in place of MCLR

Reserve Bank's policy repo rate are better suited than other interest rates to serve role of an external benchmark.

05 Oct 2017 9:52 AM

RBI comes down heavily on MCLR, moots external benchmark

The base rate/MCLR regime is also not in sync with global practices on pricing of bank loans.

04 Oct 2017 4:24 PM

Dena Bank cuts MCLR lending rate by up to 20 bps

The loans with 3 and 6 month and 1 year tenors will have a reduced MCLR by 0.15 per cent.

29 Sep 2017 5:26 PM

Union Bank, Dena Bank reduce MCLR rates

New one-year MCLR has been set at 8.20 per cent as against 8.40 per cent earlier.

01 Sep 2017 2:46 PM

Savings bank rate cut to up competition for HFCs from banks

HFCs will face a margin contraction in this segment limiting the spreads to absorb all the costs.

18 Aug 2017 7:02 PM