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With effect from January 15, 2023, the State Bank of India (SBI) has increased the marginal cost of funds-based lending rate (MCLR) for home loans with a one-year term by 10 basis points. The MCLR is the lowest interest rate that the bank will allow for lending.According to the SBI notification, the MCLR for a one-year tenure will increase from 8.30% to 8.4% with effect from January 15 while remaining the same for other tenures.What is MCLR? BCCL/Representational ImageThe financial…

Coupon tells you what the bond paid when it was issued, but the yield to maturity tells you how much it will pay in the future, and that's important.

​​​ A trans-friendly or inclusive labour culture is the need of the hour and this is a big step towards the inclusive revolution, Kerala-based ESAF Small Finance Bank said in a statement. The Reserve Bank of India in 2015 directed banks to include a separate column 'third gender' in all their forms and applications.

Do you know how to prepare for hyperinflation? If not here are some great tips on how to prepare for hyperinflation now!

53 HDFC Bank office photos. A free inside look at HDFC Bank offices and culture posted anonymously by employees.

SBI PO salary perks and allowances versus IBPS PO perks

Future Banker Sticker What material is this item made of? Expand or collapse section. Individually die cut vinyl sticker. Semi gloss finish. 3 x 4 inch max size includes a thin white border around the sticker. Not recommended for automobile use. Perfect for placing on your laptop, notebook or almost anywhere your imagination leads! Learn More » What USA ship methods are available? Expand or collapse section. UPS MI Domestic (6-8 Business Days) FedEx 2-Day (4-6 Business Days) Estimates…

Lenders also permitted to cut down on provisioning for these loans

Coming out with timeline for implementing the LEI, the RBI said borrowers with fund and non-fund exposure of Rs 1,000 crore and above will have to get the unique code by March 31, 2018.