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Bank of Baroda, Canara Bank Hike MCLR: Will Your Loan EMI Increase? Check Who Will Pay More

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Bank Of Baroda

Borrowers with loans linked to the Marginal Cost of Funds-Based Lending Rate (MCLR) may see their borrowing costs rise after Bank of Baroda and Canara Bank revised their MCLR rates on select tenures, effective from August 12, 2026. The move comes shortly after the Reserve Bank of India (RBI) decided to keep the repo rate … Read more

RBI MPC Meeting Begins Today: Repo Rate Likely to Stay Unchanged Amid Inflation and Global Uncertainty

by
Deposit

The Reserve Bank of India(RBI) has commenced its crucial three-day Monetary Policy Committee (MPC) meeting on Monday, with economists, financial institutions, and market participants widely expecting the central bank to maintain the benchmark repo rate at its current level while continuing with a cautious and data-driven monetary policy stance. The policy decision, scheduled to be … Read more