MCLR stands is the minimum interest rate that banks can charge for loans, and banks change it from time to time depending on ...

RBI is considering lowering risk weights on auto loans from the current 100% to ease financing and boost the auto sector. An internal study is underway after FADA urged a review of repo rate cut ...

The State Bank of India (SBI), the countrys largest public sector bank, has announced a reduction in its Marginal Cost of ...

After the revision, the bank’s MCLR rates are between 7.90% and 8.85% as compared to the previous range of 7.95% and ...