On Wednesday, the nation’s largest lender State Bank of India (SBI), said that its marginal cost of fund-based lending rate (MCLR) has been reduced by up to 15 basis points across different tenors, effective March 10. The Bank’s one-year MCLR decreased from 7.85 per cent earlier by 10 basis points to 7.75%, said the SBI. […]
SBI announces MCLR deduction by 15 bps across various tenors.more
The residential property market in the nation is starting to look up. India’s Top 35 real estate markets, including Tier I and Tier II, saw 3 per cent annual growth, as well as 5 per cent sequential growth in sales in the quarter ended December. Of these, 27 cities recorded an upward trend in sales […]
Residential sector saw an upward trend; sales grew by 5% in December month.more
By Realty Quarter Bureau State-run Syndicate Bank increased its marginal cost of funds based lending rate (MCLR) by 0.1 per cent for various tenors of loans. The bank has revised MCLR and the new rates would be effective July 10, Syndicate Bank said in a filing to stock exchanges. Interest rates for loan tenors of overnight, […]
Syndicate Bank hikes lending rate by 0.1 %more
By Realty Quarter Bureau State-owned Bank of Baroda on Tuesday raised benchmark lending rate by 5 basis points across tenure in line with other competitors. The decision to raise lending rate comes a day before the bi-monthly monetary policy announcement of the Reserve Bank of India indicating pressure on interest rate to move upward. Marginal cost […]
Bank of Baroda too raises lending rates by 5basis pointsmore