MCLR, or Marginal Cost of Funds-Based Lending Rate, is the minimum interest rate below which banks cannot lend. Introduced by ...

The country's largest private bank HDFC Bank has announced a cut in its Marginal Cost of Funds-based Lending Rate (MCLR). The ...

HDFC Bank has revised its Marginal Cost of Funds-based Lending Rate (MCLR). The bank has reduced the 2-year MCLR by 5 basis ...

Chennai's Aptus Value Housing Finance aims for a 30% annual AUM growth over the next three years, according to a senior ...

HDFC Bank has decreased its Marginal Cost of Funds-based Lending rate (MCLR) on one loan tenure by 5 basis points (bps).

Starting a business empowers individuals while strengthening the economy. It allows individuals to create wealth, generate ...

In a significant move to empower women entrepreneurs across India, the State Bank of India (SBI), the country’s largest bank, ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...

Statutory Bank branch audits serve as a crucial checkpoint in ensuring financial integrity, transparency, and compliance with regulatory norms. With evolving expectations from stakeholders and ...