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Bank of Maharashtra Cuts MCLRs Across Tenors By Up To 0.35%

Bank of Maharashtra Cuts MCLRs Across Tenors By Up To 0.35%

The bank has reviewed the marginal cost of funds-based lending rate (MCLR) with effect from July 11, 2022, Bank of Maharashtra said in a regulatory filing

11 July 2022
Indian Overseas Bank Becomes Latest To Hike Repo-Based Lending Rate To 7.25%

Indian Overseas Bank Becomes Latest To Hike Repo-Based Lending Rate To 7.25%

With the RBI's decision to raise the policy rate by 0.40 per cent to 4.40 per cent last week, several banks have revised their lending rates based on repo and...

09 May 2022

HDFC Joins Cohort Of Banks To Hike Lending Rate By 0.25%

The bank has hiked the marginal cost of funding-based lending rate (MCLR) by 0.25 per cent across tenors from May 7, as per its website.

Kotak Bank, Axis Bank Join Bank of Baroda and SBI In Hiking Lending Rates; Know Them Here

Kotak Bank, Axis Bank Join Bank of Baroda and SBI In Hiking Lending Rates; Know Them Here

Bank of Baroda was the first bank to hike MCLR-based lending rate, and then SBI followed suit. Now, Kotak Bank and Axis Bank have also increased their lending...

20 April 2022

SBI Increases Marginal Cost Of Lending Rate; Know How It Could Affect Your EMIs

SBI has increased the MCLR lending rate by 10 basis points or 0.1 per cent. Read here to find out more about this and how your loan EMIs could go up.

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