The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...

The MCLR is the lowest interest rate at which a bank can make a loan to a customer. SBI MCLR loan interest rates March 2025.

State-owned Canara Bank Ltd on Tuesday (March 11) announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR ...

As of March 2025, several leading banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and ...

Banks give out loans to industry based on a benchmark called marginal cost of funds or MCLR, which is an internal metric that is linked to their deposit rates. As of September 2024, 37% of all ...

MCLR, or Marginal Cost of Funds-Based Lending Rate, is the minimum interest rate below which banks cannot lend. Introduced by ...

A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...

This means that there will be a tendency for interest rates to come down even further over time. The repo rate was reduced by 25 bps in the Feb policy, and it is expected there could be two more cuts ...

The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...