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Tag: MCLR Rates

Big Blow To Loan Borrowers! EMIs To Go Up? ICICI, Bank Of India Hikes Their Lending Rates; Check

Posted on November 2, 2023 By Admin No Comments on Big Blow To Loan Borrowers! EMIs To Go Up? ICICI, Bank Of India Hikes Their Lending Rates; Check
Big Blow To Loan Borrowers! EMIs To Go Up? ICICI, Bank Of India Hikes Their Lending Rates; Check

Implemented by the RBI on April 1, 2016, MCLR serves as the minimum lending rate below which a bank is not allowed to lend. Source link

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