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

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

Agarwal points out that rate changes in the external benchmark are transmitted automatically, without being influenced by a ...

This means MCLR borrowers have not seen a reduction in their EMIs. Nearly 36 per cent of all floating rate loans are priced ...

HDFC Bank reduced its MCLR rates by 10 basis points across various loan tenures, effective from April 7, 2025. This revision, ranging from 9.10% to 9.35%, benefits existing borrowers with loans linked ...

SBI expects credit growth of 12–13% in FY26, while margins may contract gradually due to recent sharp rate cuts, albeit ...

For home loan borrowers, this is good news but the amount you save varies based on whether your loan is tied to the external benchmark lending rate (EBLR) or marginal cost of funds-based lending rate ...

After RBI cut repo rate by 25 bps, your loan EMIs are set to go down. SBI, HDFC, PNB and more banks have slashed lending rate.

State Bank of India (SBI) on Thursday reduced its marginal cost of funds-based lending rate (MCLR) by 15 basis points (bps) and three-year retail term deposits by 20 bps, the bank said in a release.

Despite the RBI's 50 bps repo rate cut and liquidity infusion, a significant portion of borrowers haven't benefited due to ...