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Latest Articles in MCLR

BoB, BoI Reduce MCLR Across Tenors

Bank of Baroda reduced the one-year marginal cost of funds based lending rates (MCLR) by 5 basis points to 8.25% while overnight and one-month MCLR were reduced by 20 basis points to 7.65 %.

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SBI Lowers Rates On Non-Repo-Linked Loans By 10 BPS

"In view of the festival season and extending the benefits to customers across all segments, we have reduced our MCLR by 10 bps across all tenors," the bank said in a statement.

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State Bank Of India Cuts Benchmark Lending Rates By 15 BPS

SBI's one-year marginal cost of fund-based lending rate, or the MCLR, will come down to 8.25 per cent per annum from 8.40 per cent earlier with effect from Aug. 10, SBI said in a statement.

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State Bank Of India Cuts Lending Rates, First Time In 10 Months

RBI is keen for banks to lower lending rates further to accelerate credit growth and private investment in an economy growing at its slowest in more than three years

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Why Buyers Are Still Shy

The market, however, is now driven by end-users, for whom property appreciation is not the main criteria

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PNB Revises Down MCLR By 0.10-0.15 Per Cent From 1 May

Public lender Punjab National Bank has revised down marginal cost based lending rates by 0.10- 0.15 per cent for various maturities effective today

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Lending Rate Cuts May Help Alleviate NPA Pains

The ongoing sharp reduction in lending rates will not be margin dilutive for the banks but rather help them tide over the bad loans pains as it will help the struggling corporates begin to pay back their loans, says a report by leading Wall Street brokerage Jefferies

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