Corporation Bank cuts overnight MCLR by 0.1%
The bank has cut the overnight MCLR by 0.1 percent to 7.80 percent.
Dec 15, 2017, 13:08 PM IST
Canara Bank revises lending rates based on MCLR
Public sector Canara Bank on Wednesday said it has revised the lending rates based on the marginal cost of funds (MCLR) for May to 8.80-9.35 percent.
May 04, 2016, 17:42 PM IST
Interest rate to be based on marginal cost of funds from Apr 1
To ensure better transmission of its rate cuts to borrowers, RBI on Thursday said all banks will have to follow a new and uniform methodology from April next year to calculate base rate as per the marginal cost of funds.
Dec 17, 2015, 20:10 PM IST
