Banks hike lending rates after RBI rate hike
Joining big banks, Indian Bank and Karur Vsya Bank informed the stock exchanges about hiking the MCLR by up to 10 basis points for different tenures.
Jun 07, 2018, 17:51 PM ISTInterest rate cut: Know how it will benefit home loan borrowers
Banks switched to MCLR as their new benchmark lending rate from June last year, replacing the base rate system for new borrowers.
Aug 03, 2017, 13:59 PM IST