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EMIs on loans set to increase as SBI hikes lending rates by 10 bps across tenures

Aug 17, 2024, at 06:07 pm

New Delhi/IBNS: India's largest public sector lender State Bank of India (SBI) has announced a rise in its marginal cost of funds-based lending rate (MCLR) by up to 10 basis points (0.1 percent) across all tenures.

Bank of Maharashtra revises MCLR from Dec 14, 2022

Dec 14, 2022, at 10:39 pm

Mumbai:  Public sector lender, Bank of Maharashtra on Wednesday said that it has reviewed and revised the Marginal Cost of Funds Based Lending Rate (MCLR) w.e.f. 14.12.2022.

SBI slashes MCLR 15 bps

Mar 11, 2020, at 05:22 pm

Mumbai/UNI: Largest public sector lender State Bank of India (SBI) has slashed Marginal Cost of Funds Based Lending Rate (MCLR) 15 bps across a few tenors.

State Bank of India reduces MCLR by 5 bps across all tenors

Nov 08, 2019, at 06:30 pm

New Delhi/UNI: Country’s largest lender State Bank of India (SBI) on Friday announced the reduction in its MCLR by 5 bps across all tenors.

State Bank of India reduces MCLR and fixed deposit rates

Sep 09, 2019, at 04:48 pm

New Delhi, Sept 9 (IBNS): India's biggest lender State Bank of India on Monday announced its decision to reduce  MCLR (Marginal Cost of Funds based Lending Rate) by 10 basis points. 

State Bank of India hikes interest rates on loans across most maturities

Mar 01, 2018, at 10:03 pm

Mumbai, Mar 1 (IBNS): The country's largest lender, the State Bank of India, on Thursday, raised its marginal cost-based lending rates (MCLR) across most maturities, with immediate effect, according to media reports.

Dena Bank reduces Marginal Cost Based Lending Rate

Jul 01, 2017, at 01:24 am

Mumbai, June 30 (IBNS): Dena Bank, India’s trusted family bank has reduced Marginal Cost Based Lending Rate (MCLR) by 5 basis points for 3months, 6 months & 1 year tenors from July 1.

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