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Search result for 'mclr'

Mumbai, Nov 14...

SBI Raises Lending Rates: MCLR Hiked by 0.05%

November 14, 2024 19:12
SBI, India's largest lender, has increased its MCLR by 0.05%, affecting home loans and other long-term loans. The move comes amid rising deposit costs and competition among banks.

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New Delhi, Nov 7...

HDFC Bank Raises Lending Rate by 5 bps: Impact on Loans

November 7, 2024 15:27
HDFC Bank increased its MCLR by 5 basis points on select maturities, impacting loans like auto and personal. The benchmark one-year MCLR remains at 9.45%.

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New Delhi, Oct 10...

Canara Bank Raises Lending Rate by 5 bps - Consumer Loans Costlier

October 10, 2024 20:34
Canara Bank has increased its MCLR by 5 bps across various tenors, making most consumer loans more expensive. The new rates will come into effect from October 12, 2024.

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New Delhi, Aug 16...

SBI Hikes Lending Rate: EMIs Rise for Borrowers | Latest News

August 16, 2024 12:30
State Bank of India (SBI) raises its MCLR by 10 bps across tenors, impacting consumer loans. This is the third consecutive hike, making EMIs costlier for borrowers. Learn more about the new rates...

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New Delhi, Aug 9...

Canara Bank Raises Lending Rate by 5 bps | Consumer Loans Costlier

August 9, 2024 18:31
Canara Bank has increased its MCLR by 5 basis points across tenors, impacting consumer loans like auto and personal loans. The new rates are effective from August 12, 2024.

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New Delhi, Aug 1...

PNB Raises Lending Rate by 5 bps: Consumer Loans Costlier

August 1, 2024 13:15
Punjab National Bank (PNB) has increased its marginal cost of funds-based lending rate (MCLR) by 5 basis points across tenors, making most consumer loans more expensive. The new rates are effective...

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Noida, May 24...

UP RERA Issues Recovery Notice Against Prayagraj Authority

May 24, 2024 22:10
UP RERA has issued a recovery notice against Prayagraj Development Authority for delaying possession of flats to homebuyers despite getting occupancy certificates. The authority has been directed...

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New Delhi, May 2...

Indian Bank Cuts TBLR-Based Loan Rates - Lower Interest Rates

May 2, 2024 21:21
Indian Bank has reduced its Treasury Bills benchmark lending rates (TBLR) across tenure, effective May 3, 2023. The bank has also retained its MCLR-based lending rates.

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Mumbai, Feb 8...

RBI Holds Interest Rate at 6.5%, Inflation Forecast Lowered

February 8, 2024 20:24
Reserve Bank of India keeps repo rate unchanged at 6.5% for the sixth time, maintaining stable borrowing costs. Inflation forecast lowered to 4.5% for next fiscal.

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Noida, Jan 5...

UP RERA: Builders Can't Take Advance Payment Over 10% Without Agreement

January 5, 2024 20:08
UP RERA has issued an advisory stating that builders cannot take more than 10% advance payment without a registered sale agreement. The advisory aims to ensure accountability and transparency in...

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