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Marginal Cost of Funds based Lending Rate (MCLR) News
Marginal Cost of Funds based Lending Rate (MCLR)

MCLR Cut: Is it time to get a home loan or should you wait some more?
Mon, Nov 14, 2016
Ramaswamy Subramanian Co-founder and CEO at Finanzmart said, "It is a good time for genuine home buyer opting for home loans at this rate because these interest rates are at its lowest now. In fact in 2-3 years the rates have been progressively coming down.”
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Net interest margins to be a new pain point for banks?
Fri, Nov 04, 2016
Sumeet Kariwala, Anil Agarwal, Subramanian Iyer and Rahul Gupta of Morgan Stanley, in a report dated November 3, 2016 said that banks are going through NIM pressure due to lending rate cuts, lower interest rates and rising NPLs.
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SBI cuts home loan interest rates
Wed, Nov 02, 2016
As per its website, home loan for women will be 20 basis points above 1 year marginal cost of lending rate which translates it into 9.10%. Interest rate on home loans below Rs 75 lakhs for others will be available at 9.15% - which is 25 basis points above its benchmark.
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SBI, ICICI Bank cut lending rates
Sat, Oct 29, 2016
Top two lenders in the country, State Bank of India (SBI) and ICICI Bank, announced a cut of 0.15% and 0.10% in their lending rates, respectively, under a new system of computation, signalling a further dip in borrowing costs ahead of the busy season.
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Why are companies flocking to 'unsecured' commercial papers?
Mon, Aug 22, 2016
"CP market is expected to grow and will remain an attractive source of funding for better rated corporate in the current environment of ample adequate systemic liquidity, sound inflows into key investor segments and structural inability of banks to sharply reduce their lending rates."
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