Marginal Cost of Funds-based Lending Rates (MCLR)
21
Apr
Marginal Cost of Funds-based Lending Rates (MCLR) Why in the news? State Bank of India (SBI), India’s largest commercial bank, raised the marginal cost of funds-based lending rates (MCLR) for the first time in three years, signaling that the soft rates regime that has prevailed since 2019 may be over. Concept: MCLR,was instituted […]