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Tag "MCLR"

SBI cuts lending rates, home loans to get cheaper

SBI cuts lending rates, home loans to get cheaper

🕔13:21, 9.Sep 2019

Mumbai, Sep 9  Country’s largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points across all tenors and has also reduced rates on term deposits. It

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Bank of Maharashtra to cut MCLR, retail loans to be cheaper

Bank of Maharashtra to cut MCLR, retail loans to be cheaper

🕔06:40, 6.Apr 2019

Mumbai, April 6  A day after the Reserve Bank of India (RBI) lowered its key lending rate, Bank of Maharashtra on Friday said it will reduce the benchmark marginal cost of funds based lending rate (MCLR) by 5 basis points

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Bank of Baroda raises MCLR across various tenures

Bank of Baroda raises MCLR across various tenures

🕔09:20, 6.Jun 2018

Mumbai, June 6  State-owned Bank of Baroda on Tuesday said it will hike its benchmark marginal cost of funds based lending rate (MCLR) by 5 basis points, across various tenures from June 7. “The bank’s 1-year MCLR will be 8.45

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SBI cuts cost of lending rate by 0.9% across maturities

SBI cuts cost of lending rate by 0.9% across maturities

🕔10:17, 2.Jan 2017

Mumbai, Jan 2  AWith major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures,

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PNB reduces Marginal Cost of Fund Based Lending Rate (MCLR)

PNB reduces Marginal Cost of Fund Based Lending Rate (MCLR)

🕔10:02, 2.Jan 2017

Punjab National Bank has decided to reduce its Overnight MCLR to 8.20% w.e.f. 01.01.2017.  Since November, 2016, the reduction in MCLR is 85 bps. Detail placed below :-   MCLR TENOR Existing Revised w.e.f. 01.01.17 Overnight 8.90% 8.20% One month 8.95%

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PNB reduces Marginal Cost of Funds Based Lending Rate (MCLR)

PNB reduces Marginal Cost of Funds Based Lending Rate (MCLR)

🕔10:10, 27.Oct 2016

Punjab National Bank has reduced Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps in all maturities with effect from 01.11.2016 as under:-  TENOR Existing Revised w.e.f. 01.11.16 Overnight 9.05 9.00 One month 9.10 9.05 Three month 9.20

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Three PSU banks cut MCLR

Three PSU banks cut MCLR

🕔11:33, 6.Oct 2016

Chennai, Oct 6  Three public sector banks — Indian Overseas Bank (IOB), Bank of India and Syndicate Bank — on Wednesday announced reduction in their marginal cost of funds-based lending rate (MCLR) for various tenors.City-based IOB, in a statement issued

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PNB revises Marginal Cost of Fund Based Lending Rate(MCLR)

PNB revises Marginal Cost of Fund Based Lending Rate(MCLR)

🕔09:12, 1.Oct 2016

PUNJAB NATIONAL BANK has reduced Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 01.10.2016 as under:-    TENOR Existing Revised w.e.f. 01.10.16 Overnight 9.10 9.05 One month 9.15 9.10 Three month 9.25 9.20 Six month 9.30 9.25

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PNB to reduce its MCLR from August

PNB to reduce its MCLR from August

🕔18:17, 31.Jul 2016

Mumbai, July 30 (IANS) State-run lender Punjab National Bank (PNB) on Saturday said that it will reduce its marginal cost of funds-based lending rate (MCLR) from August 1. The bank said in a regulatory filing to BSE that it will reduce

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