NEW DELHI: State-owned Indian Overseas Bank and Bank of Maharashtra on Wednesday announced a reduction in their marginal cost of funds based lending rate (MCLR). “Our Bank has revised the… Read more »
CHENNAI: Sundaram BNP Paribas Home Finance on Monday announced a 10 basis points reduction in its prime lending rate on housing and non-housing loans with immediate effect. “The reduction in… Read more »
BENGALURU: State Bank of India (SBI), the country’s largest lender by assets, on Wednesday cut its benchmark lending rates by 15 basis points across all tenors, shortly after the central… Read more »
KOLKATA (INDIA): The lending rates cut, which effectively set off a price war in the Rs 13 trillion home loan market, could lead to increased competition and balance transfers in… Read more »