While it will take some time for the new base rate system to have its full impact on the pricing of loans, certain patterns are already discernible. The BR of all banks is considerably lower than the ...

In April, 2016, when the Reserve Bank of India (RBI) introduced the advanced MCLR (Marginal Cost of Funds Based Lending System), replacing the old Base Rate System, it was touted as an improved and ...

At least four banks have reduced their marginal cost of funding based rates in the past few days. These banks are Canara Bank, HDFC Bank, PNB and Bank of Baroda (BOB). After the Reserve Bank of India ...

Investment word of the day: As a personal loan or home loan borrower or as an investor planning to put money into the business, you will be curious to know certain key metrics that may impact the cost ...