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

Bankers said that, given the pressure on interest margins, many lenders have reduced dependence on high-cost bulk deposits ...

The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...

Typically, all retail loan rates are linked to an external benchmark such as repo rate. The cut in repo rate is forcing banks ...

Net liquidity in the banking system was in a deficit of Rs 1.09 trillion as of Monday, according to the latest data by RBI ...

Saugata Bhattacharya, member of the RBI's Monetary Policy Committee, talks about the complex economic environment, and what ...

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

2025 DISCLOSURE ON EXTERNAL BENCHMARKS LINKED FLOATING RATE LOANS MCLR rates effective from March 1, 2025 The RBI reduced the repo rate by 25 basis points (bps), from 6.50% to 6.25%, last month. This ...

The repo rate was reduced by ... few moves by banks to lower the deposit rate as well as the MCLR (marginal cost lending rate). The EBLR (external benchmark lending rate), which holds for ...

The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, in his first monetary policy review, announced a 25-basis point rate cut to bring down the benchmark repo rate to 6.25% ...

A dip in the repo rate can lead to lower interest rates on loans, thereby making loans cheaper, and vice versa. Listen to Story The RBI has reduced repo rate by 25 bps to 6.25% Bank of Maharashtra ...

The bank has also lowered rates for education and other loans linked to the Repo Linked ... Following the RBI’s repo rate cut, State Bank of India (SBI) had earlier reduced its External ...