Sun, Aug 21, 2016
Banks have been reluctant in cutting their lending rates for quite sometime.
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Thu, Jun 09, 2016
At the same time, the bank has also reduced Marginal Cost of Funds-based Lending Rate (MCLR) for one-month tenure to 9.95% from 9%.
Tue, Jun 07, 2016
The Governor said there is a paucity to some extent of credit demand from usual sources, which is why the banks are not in a great hurry to reduce rates either.
Wed, Jun 01, 2016
Under the new rate structure effective from Wednesday, the ICICI Bank will give out overnight loans to new borrowers at 8.95%, while the one-year MCLR, to which its housing loans are linked, now comes down to 9.15%.
Tue, Apr 26, 2016
MCLR for overnight lending has been slashed by 0.5% to 9.32% while it has been lowered by 0.2% to 9.72% effective May 4, DCB Bank said in a statement.
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