Indian 1-year MCLR rises to 8.7% in August as loan rates adjust

India's marginal cost of funds-based lending rate (MCLR) for one-year tenors increased to 8.7% in August, while banks simultaneously eased fresh loan and deposit rates following adjustments in July.

31 Aug, 15:52 — 31 Aug, 15:52

Post Share

Sources

Showing 1 of 1 sources

moneycontrol1h ago

1-year MCLR rises to 8.7% in August; fresh loan, deposit rates ease in July - Moneycontrol.com

1-year MCLR rises to 8.7% in August; fresh loan, deposit rates ease in July Moneycontrol.com

Read full article →

Indian 1-year MCLR rises to 8.7% in August as loan rates adjust

Sources

1-year MCLR rises to 8.7% in August; fresh loan, deposit rates ease in July - Moneycontrol.com

Related Stories

Nvidia Invests $3.5 Billion in MediaTek to Expand AI Chip Partnership

Tech Giants Face Pressure to Rename Lake Ontario as 'Lake America' on Digital Maps

Prediction Market Platform Kalshi Permanently Bans Ex-Congressman George Santos

OpenAI’s Advertising Division Reaches $1 Billion in Annualized Revenue