Lending rate

Why RBI Kept Its Key Lending Rates Unchanged
Dec 20, 2018
Sustained inflationary risks, rising trade tensions, tightening of global financial conditions and slowing down of global demand led the RBI to keep its key lending rate and ‘calibrated tightening’...

The bank has reduced marginal cost of funds based lending rate (MCLR) by 0.9 per cent from 8.90 per cent to 8 per cent for 1-year tenure, State Bank of India (SBI) said in a statement
Jan 01, 2017
SBI cuts lending rate by 90 bps; others likely to follow suit