Edition: International
Wednesday 13 August, 2025
BREAKING NEWS

Cash Row: LS Speaker Announces 3-member Panel to Probe Against Justice Varma

  • News
    • Kochi
    • Trivandrum
    • Kozhikode
  • Sports
  • Business
  • Health
  • Entertainment
    • E24hrs
    • Cinema
    • Directors
    • Actors
  • Education
    • Career
  • Automobile
  • Personalities
    • Political Leaders
  • Religion
    • Christian
      • Catholic
      • Latin Catholic
      • Syro Malabar
    • Hindu
    • Islam
  • Environment
  • More
    • Food
    • Wellness
    • Lifestyle
    • Beauty & Fashion
    • Fitness
    • Mental Health
    • Yoga
    • Video
  • മലയാളം
BREAKING NEWS
100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
Priyanka Gandhi Slams Centre’s Silence on Israel’s Actions in Palestine
SC Upholds Conviction of Ex-Punjab Jail Official for Aiding Undertrial’s Escape
Cash Row: LS Speaker Announces 3-member Panel to Probe Against Justice Varma
Japanese Deep-Tech Investor TDK Ventures Invests in Ultraviolette
Fashion Factory Announces “No Conditions Sale”
    • News
      • Kochi
      • Trivandrum
      • Kozhikode
    • Sports
    • Business
    • Health
    • Entertainment
      • E24hrs
      • Cinema
      • Directors
      • Actors
    • Education
      • Career
    • Automobile
    • Personalities
      • Political Leaders
    • Religion
      • Christian
        • Catholic
        • Latin Catholic
        • Syro Malabar
      • Hindu
      • Islam
    • Environment
    • More
      • Food
      • Wellness
      • Lifestyle
      • Beauty & Fashion
      • Fitness
      • Mental Health
      • Yoga
      • Video
    • മലയാളം
  • Business,
  • Important
  • EMIs to Go Up as SBI Raises Lending Rates

    By NE Reporter on March 1, 2018

    NEW DELHI:
    State Bank of India (SBI) on Thursday increased the marginal cost-based lending rates (MCLR) across various maturities, effective immediately. It is the first rate hike in the 1-year MCLR since the inception of a new lending rate system in April 2016, according to Thomson Reuters data.
    The rise in lending rates generally hints that EMIs (equated monthly instalments) will go up. SBI, which accounts for more than a fifth of India’s banking assets, raised the key 1-year MCLR to 8.15 per cent from 7.95 per cent, according to a notification.
    MCLR is a methodology introduced by the Reserve Bank of India (RBI) which sets the lending rates by the banks.
    Banks are raising interest rates even though the Reserve Bank has left rates unchanged for a while now, as risks such as surging bond yields and more provisioning requirements erode their profit.
    On Wednesday, SBI raised interest rates on domestic bulk term deposits across most maturities. The country’s top lender by assets has hiked interest rates on retail and bulk deposits by up to 50 and 75 basis points respectively (100bps = 1 percentage point).

    Iscea

    NE Reporter

    EMIMarginal Cost-based Lending RatesMCLRRBIReserve Bank of IndiaSBI Raises Lending RatesState Bank of IndiaThomson Reuteurs data

    more recommended stories

    • Fashion Factory Announces “No Conditions Sale”

      MUMBAI:Get ready, fashion lovers! Fashion Factory,.

    • India’s Credit Demand Remains Resilient – Experian’s Latest Credit Insights

      MUMBAI:Experian, a leading global data and.

    • KSUM-Backed Travel Startup Thrillark Clocks Two Lakh-Plus Customers

      KOCHI:Reflecting on major opportunities tourism sector.

    • One-day Workshop on IPR for Startups, MSMEs in City on Aug 19

      THIRUVANANTHAPURAM:Kerala Startup Mission (KSUM), in association.

    • Technopark Invites EoI for the 2nd IT Building under ‘QUAD’ Project

      THIRUVANANTHAPURAM:Technopark has invited Expression of Interest.

    • US Tariff Crisis: Kerala to Submit Memorandum to Centre, says Minister

      KOCHI:The Kerala government will include recommendations.

    • A Railway Technician builds a ‘Real-Life BGMI Buggy’ from scratch atop the roof of his home in Rajasthan

      Bengaluru: In a powerful display of.

    • Bhoomi Naturals Launches ‘Joyita’ Super Grains Brand, Enters Value-Added Food Market

      Kochi: Bhoomi Naturals, a leading name.

    • Bolster Domestic Market for Local Products to Fend off Tariff Threat: P Rajeeve

      THIRUVANANTHAPURAM:When earnings from export of products.

    • NABARD to Celebrate National Handloom Day 2025

      MUMBAI:In celebration of National Handloom Day.

    Live Updates

    • Priyanka Gandhi Slams Centre’s Silence on Israel’s Actions in Palestine
    • SC Upholds Conviction of Ex-Punjab Jail Official for Aiding Undertrial’s Escape
    • Cash Row: LS Speaker Announces 3-member Panel to Probe Against Justice Varma
    • Japanese Deep-Tech Investor TDK Ventures Invests in Ultraviolette
    • Fashion Factory Announces “No Conditions Sale”

    NewsExperts.in

    • മലയാളം
    • മലയാളം

    What’s New ?

    • Priyanka Gandhi Slams Centre’s Silence on Israel’s Actions in Palestine
    • SC Upholds Conviction of Ex-Punjab Jail Official for Aiding Undertrial’s Escape
    • Cash Row: LS Speaker Announces 3-member Panel to Probe Against Justice Varma
    • Japanese Deep-Tech Investor TDK Ventures Invests in Ultraviolette
    • Fashion Factory Announces “No Conditions Sale”

    Newsexperts.in - powered by Klickevents Infosolutions (P) LTD