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Page 5 - Mclr
HDFC Bank cuts 2-year MCLR; BOB hikes for 1 year
Private sector lender HDFC Bank has reduced its marginal cost of funds-based lending rate (MCLR) - the benchmark to price loans - by five basis points for one-month bucket to 8.95 per cent and 9.25 per cent for the two-year bucket.Public sector lender Bank of Baroda hiked MCLR for one year by 10 basis points to 9.4 per cent.
Updated On : 08 Jun 2016 | 12:52 AM IST
MCLR being used by banks to woo corporates
Bankers say they are able to play on risk premium and offer differential pricing to customers under MCLR
 "MCLR being used by banks to woo corporates")
Updated On : 06 May 2016 | 1:48 AM IST
Banks' margins won't fall so soon
Elevated provisioning for bad loans and a slow pick-up in credit demand are larger concerns
 "Banks' margins won't fall so soon")
Updated On : 11 Apr 2016 | 11:11 PM IST