Fri, Sep 24, 2021
"We advise that base rate and BPLR of the bank would be revised with effect from September 24, 2021," Karur Vysya Bank said in a regulatory filing.
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Fri, Dec 07, 2018
In its December 2018 policy, RBI firmly said Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate (MCLR) will be replaced by an external benchmark from April 2019.
Wed, Dec 05, 2018
RBI had stated several times, that banks are not passing the benefits of reductions in RBI policy repo rate to borrowers.
Wed, Feb 14, 2018
On February 7, HDFC Bank increased MCLR by 10 basis points for some tenures, while Axis Bank in January 2018 had raised the benchmark by 5 basis points.
Thu, Sep 28, 2017
As per the new rates by Bank of Baroda, base rate will be 9.15% per annum as against existing 9.50% per annum.
Sat, Dec 31, 2016
State-run IDBI Bank on Friday said it has reduced its marginal cost of funds based lending rate (MCLR) for various tenors, effective from January 1. For overnight tenor, the bank has reduced its minimum lending rate to 8.50%.
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