Tag: RBI regulations

Indian Bank to increase lending rates by 5 basis points from December 3 – CNBC TV18

Indian Bank will raise its marginal cost of funds-based lending rate (MCLR) by 5 basis points across all tenures, effective Tuesday, December 3. Following the hike, the MCLR will range from 8.30% to 9.05%, the bank informed stock exchanges on Friday. In line with RBI regulations, banks review their MCLR monthly. The bank will also […]

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