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RBI's SLR cut may help bring down your EMIs
Wed, Jun 07, 2017
Any reduction in SLR gives more room to bankers for trimming interest rates. This would mean, if you are borrower your EMIs may come down further.
Bank credit growth will inch up this year but will still remain weak
Fri, Apr 28, 2017
Madan Sabnavis and Anuja Shah economists at Care Rating said, “Performance of in FY18 will depend on how the manufacturing sector fares as this is required for revival in growth in bank credit. With a share of above 40%, it is the driving force."
ICRA expects borrowers to switch from base rate to MCLR
Tue, Jan 17, 2017
In view of the increased differential of 100 basis points (bps) between base rate and the Marginal Cost of Funds based Lending Rate, the credit rating agency said, it "expects a number of borrowers to switch from base rate to MCLR".