New Delhi: In a move that could bring relief to loan borrowers, the Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 5.5 per cent to 5.25 per cent. This signals ...
PNB loan rate cut: State-owned Punjab National Bank (PNB) has said it lowered its Repo Linked Lending Rate (RLLR), a day after the Reserve Bank of India (RBI) cut the repo rates by 25 basis points. In ...
MCLR is the minimum interest rate a financial institution needs to charge for a specific loan. It dictates the lower limit of the interest rate for a loan. This rate limit is set in stone for ...
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