Tue, Mar 14, 2023
The lending rate increases will be mostly in the marginal cost of funds-based lending rate (MCLR) segment of the credit market, India Ratings said in a report on Tuesday.
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Tue, Oct 31, 2017
MCLR was introduced on from April 2016 with an aim to ensure that the banks pass on the benefits of RBI's rate cut to their customer in faster pace.
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