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 ...

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

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

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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, ...

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

Floating interest rates vary depending on the Marginal Cost of Funds-based Lending Rate (MCLR). In India, lenders generally offer fixed interest rate personal loans. Personal loan eligibility is ...