Page 4 - Mclr

SBI to cut MCLR by 10 basis points across all tenors from Oct 10

The one-year marginal cost of funds-based lending rate (MCLR) would come down to 8.05% from 8.15% from October 10

SBI cuts MCLR by 10 basis points, slashes term deposit rates by 20-25 bps

Bank official hints at another round of rate cuts following low credit offtake

Stimulus for borrowers

The inherent belief of the powers-that-be appears to be that a new home loan is the only way to provide a fillip to economic activity

HDFC reduces prime lending rates on home loans by 10 bps from August 1

For women borrowers, there is an extra 5 bps discount in each category of loans

Linking bank's base rate to MCLR for loans will bring relief to borrowers

RBI will issue necessary instructions in this regard by the end of next week

Shift to MCLR regime helps banks pass on rate cuts

Further softening of interest rates linked to deposit rate cuts, credit uptick

MCLR: Banks flag hurdles for review

Banks can add a spread component over and above the MCLR, depending on a customer's risk profile, limiting the transmission

RBI to review MCLR Regime

Bankers admit cost of funds has come down by 50-60 bps but transmission hasn't been more than 20-30 bps

HDFC Bank cuts 2-year MCLR; BOB hikes for 1 year

Private sector lender HDFC Bank has reduced its marginal cost of funds-based lending rate (MCLR) - the benchmark to price loans - by five basis points for one-month bucket to 8.95 per cent and 9.25 per cent for the two-year bucket.Public sector lender Bank of Baroda hiked MCLR for one year by 10 basis points to 9.4 per cent.

MCLR being used by banks to woo corporates

Bankers say they are able to play on risk premium and offer differential pricing to customers under MCLR

Banks' margins won't fall so soon

Elevated provisioning for bad loans and a slow pick-up in credit demand are larger concerns