SBI raises lending rates by 5 to 10 bps, new loans to cost more

Jul 15, 2024

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based Lending Rate (MCLR) by 5-10 basis...

Bank of Baroda hikes lending rates by upto 15 basis points

Jul 11, 2022

Mumbai (Maharashtra) [India], July 11 : Bank of Baroda said on Monday it has decided to hike the Marginal Cost of Funds Based Lending...

HDFC Bank hikes lending rates by 0.35 per cent; EMIs to go up

Jun 07, 2022

Mumbai (Maharashtra) [India], June 7 : India's largest private sector lender HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by...

SBI hikes lending rates by 10 basis points

Jul 14, 2022

New Delhi [India], July 14 : The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate...

RBI issues revised PSL guidelines to increase credit penetration

Sep 04, 2020

Mumbai (Maharashtra) [India], Sep 4 : The Reserve Bank of India (RBI) on Friday issued revised guidelines for priority sector lending to enable better...

Non-lending financial service companies are better placed than banks in a rate cut scenario: Report

Oct 07, 2024

The non-lending financial service companies are better equipped to manage the impacts of rate cuts compared to traditional lending businesses, highlighted a report by...