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 ...
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 repo rate is the rate at which the RBI lends to commercial banks. When the repo rate is cut, banks are able to borrow at cheaper rates, theoretically allowing them to transfer the gains to ...
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 ...
interest rate setting regime and only 40% of the loans are linked to the most transparent repo rate, called the EBLR or external benchmark linked lending rate. The EBLR regime, in its original ...
The People’s Bank of China on Thursday kept its benchmark lending rates unchanged for a fourth consecutive meeting, in line with market expectations, according to state Xinhua news. The one-year ...
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