Wednesday, Jun 23, 2021 | Last Update : 08:47 AM IST

mclr Page-3

Saving deposit rate cuts to lead to lower lending rates: report

A cut in the MCLR beyond 0.35 per cent would become a margin dilutive proposition.

13 Aug 2017 11:58 AM

Bank of Maharashtra cuts MCLR rates by 0.05-0.15 per cent from monday

Base rate remains unchanged at 9.70 per cent per annum, Bank of Maharashtra said in a regulatory filing.

07 Aug 2017 8:02 PM

SBI cuts saving account rate by 0.5 pc on balance upto Rs 1 cr

SBI said revision of saving bank rate will enable the bank to maintain MCLR at existing rates.

31 Jul 2017 1:29 PM

DCB Bank cuts MCLR rates by up to 0.57 per cent

Banks have switched to MCLR as their new benchmark lending rate from June last year.

18 Jul 2017 7:27 PM

Canara Bank slashes MCLR by 0.05 per cent

The new MCLR will be 8.10 per cent, while for one month and three-month maturities MCLR is 8.15 per cent and 8.20 per cent resectively.

06 Jun 2017 7:08 PM


PNB revises down MCLR by 0.10-0.15 pc from today

The new MCLR for one-year tenure is 8.35 per cent and for three years, 8.50 per cent.

01 May 2017 4:24 PM

SBI reduces term deposit rates by up to 50 bps

SBI will offer a rate of 6.25 per cent as compared to 6.75 per cent earlier

01 May 2017 12:27 PM

State-run IDBI Bank reduces MCLR by 30-35 bps

Bank has reduced its minimum lending rate to 8.20 per cent from 8.50 per cent.

06 Feb 2017 6:16 PM

UCO Bank cuts lending rate by up to 0.8 per cent

MCLR for the 3-month period has been decreased by 0.8 percentage points to 8.40 per cent.

10 Jan 2017 4:27 PM

Bank of Baroda reduces MCLR by 75 basis point

New rates by Bank to be effective from January 7 and applicable toto all borrowed accounts.

05 Jan 2017 5:32 PM


Kotak Mahindra Bank cuts MCLR by up to 0.45 pc

Banks have moved to MCLR as their new benchmark lending rate from April 2016, replacing the base rate system for new borrowers.

02 Jan 2017 3:21 PM

SBI, PNB, UBI cuts lending rate by up to 0.9 per cent

SBI's lending rate for three-year tenure has been cut from 9.05 per cent to 8.15 per cent.

01 Jan 2017 3:49 PM