Check the current MCLR Rate (Marginal Cost of Funds based Lending Rate) offered by Axis Bank as per the updated RBI guidelines.
the marginal cost of lending rate (MCLR), and repo-linked lending rate (RLLR) benchmarks. Of these, the RLLR is an external benchmark and is more transparent to the rate changes made by the Reserve Bank of India (RBI) than the other benchmarks. If you compare well. You’ll find ...
Monetary policy transmission in India under the base rate and MCLR regimes: a comparative study Article Open access 13 July 2023 Did the 2012 Spanish law reform to protect mortgage debtors modify banks’ lending behavior? Article Open access 15 November 2023 Introduction Instability in the bank...
I would like to address a few things about central bank independence. With the recent adoption of the flexible inflation targeting framework, we have the MPC, which sets the interest rate. We have instrument independence. The Reserve Bank can use any instrument at its command and at its will....
Why are banks not linking MCLR with the base rate, and what should we be aware of as borrowers? What is the most notable difference between a bank and a credit union? What difference does this make to the customer? Identify and discuss one type of...