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Tag: MCLR

Business / News Update

HDFC Bank cuts MCLR by 10 bps across tenors

August 7, 2020 - by IANS

 Mumbai:  HDFC Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all tenors with effect from Friday. According to the HDFC Bank website, …

HDFC Bank cuts MCLR by 10 bps across tenors Read More
SBI cuts MCLR, offers new term-deposit product for senior citizens
Business / News Update

SBI cuts MCLR, offers new term-deposit product for senior citizens

May 7, 2020 - by IANS

New Delhi: The country’s largest lender State Bank of India (SBI) on Thursday reduced its MCLR by 15 bps across all tenors with effect from May 10 while offering a new …

SBI cuts MCLR, offers new term-deposit product for senior citizens Read More
SBI waves off average monthly balance on all savings bank accounts
National / News Update

SBI slashes MCLR by 5 bps across tenors

February 7, 2020 - by IANS

New Delhi: In its ninth consecutive cut in MCLR by a bank in the current fiscal, India’s top lender State Bank of India (SBI) on Friday aannounced a cut in the …

SBI slashes MCLR by 5 bps across tenors Read More

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