All posts tagged "lending rate"
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30BUSINESSUS Federal Reserve slashes lending rate by 50 bps for first time since 2020
Policymakers voted 11-to-1 to reduce the US central bank’s benchmark lending rate to a range of 4.75 percent to 5.00 percent, according...
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40FINANCEPNB Hikes Lending Rate By 5 Bps Across Tenors, Loans To Get Costlier
Punjab National Bank raised the marginal cost of funds based lending rate (MCLR) by 0.05 per cent State-owned Punjab National Bank on...
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44FINANCESBI hikes lending rate by 10 basis points across tenures, EMIs to go up
The country’s largest lender State Bank of India (SBI) has raised its marginal cost of funds-based lending rate (MCLR) by 10 basis...
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269FINANCECanara Bank Raises Benchmark Lending Rate Before Diwali, Making Loans Costlier
MCLR is the minimum lending rate below which a bank is not permitted to lend. State-owned Canara Bank has announced a 5...
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344BUSINESSICICI Bank raises benchmark lending rate for August
ICICI Bank on Tuesday announced an increase of five basis points — or 0.05 percentage points — in the marginal cost of funds-based lending rate...
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314BUSINESSBank Of Baroda Increases Interest Rate For Lending By 0.05% For One Year
Bank of Baroda on Monday increased its Marginal Cost of Funds Based Lending Rate (MCLR) from June 12, the company announced through...
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222BUSINESSSBI Hikes Prime Lending Rate, Base Rate By 70 Bps From Today. Check Latest Rates Here
Going by the historical figures mentioned in the bank’s website, the new BPLR is the highest since 6 September 1996, when it hit...
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183BUSINESSBank likely to pump MCLR pricing by 100-150 bps in FY24 as funds gap widens: Report
The lending rate increases will be mostly in the marginal cost of funds-based lending rate (MCLR) segment of the credit market, India...
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223BUSINESSSBI to hike lending rate by 70 bps from March 15; check latest rates here
The State Bank of India (SBI) will hike its benchmark prime lending rate (BPLR) by 70 basis points (bps) or 0.7 per...
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303BUSINESSRBI Hikes Lending Rate By 25 bps; Home, Auto Loans To Be Expensive
New Delhi: The Reserve Bank of India slowed the pace of interest-rate increases for the second straight time when it on Wednesday expectedly...
