Major Banks Cut MCLR Rate: Why Now Might Be the Smartest Time To Let The Bank Fund Your Dreams
Tuesday, 15 July 2025 () Major public sector banks including Bank of Baroda, Canara Bank, PNB, and Indian Bank have trimmed their Marginal Cost of Funds-based Lending Rates (MCLR) by up to 5 basis points.
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank..
Tuesday, 15 July 2025 ()
![India's central bank cuts rates more than expected to boost growth [Video]](https://video.newsserve.net/300/v/20250606/1413155668-India-central-bank-cuts-rates-more-than.jpg)
