This presents a golden opportunity for those with existing home loans to revisit their borrowing terms. Lower interest rates ...

While the RBI has cut repo rate, it is yet to completely reflect in a cut in deposit rates, which typically happens with a ...

HDFC Bank has announced a reduction in its Marginal Cost of Funds-based Lending Rates. This will benefit borrowers with loans ...

"As long as the Mumbai Interbank Forward Offer Rate (MIFOR) conditions are favourable, I think it will be conducive for NBFCs ...

The revised rates see the overnight and one-month MCLR reduced by 10 basis points to 9.00%. Additionally, the three-month ...

State-owned Canara Bank has announced slashing the marginal cost of funds-based lending rate (MCLR) by 10 basis points (0.10 ...

State-owned lenders such as Bank of Baroda, Punjab National Bank (PNB), and Canara Bank have recently announced reductions in ...

Monetary policy has grown more effective. RBI’s rate-formula tweak for corporate lending may have made a difference.

HDFC Bank announces a decrease in its Marginal Cost of Funds-based Lending Rates. This reduction provides relief to borrowers ...

This means MCLR borrowers have not seen a reduction in their EMIs. Nearly 36 per cent of all floating rate loans are priced on MCLR, while over 60 per cent are on external benchmarks (EBLR) like the ...