Marginal Cost Of Funds

"All rupee loans sanctioned and credit limits renewed during the month of May, 2016 would be priced with reference to the tenor based MCLR", Canara Bank said in a regulatory filing.

Consumer loans become cheaper as banks adopt new rate formula

A number of banks, including ICICI Bank, Bank of India, IDBI Bank Friday joined their peers like SBI, HDFC Bank and Axis Bank to make a shift to lending rates based on marginal cost of funds.

New base rate math: Impact on aam aadmi and corporates

The move toward marginal cost of funds methodology for interest rate on advances is aimed at ensuring faster transmission of changes in RBI policy rates to banks' lending rates

New RBI norm for rate calculation credit positive: Moody's

It said this would allow banks to more efficiently price loans at different tenors based on different Marginal Cost of Funds based Lending Rate (MCLR), according to their funding composition and strategies.

'RBI decision to impact banks that rely on mkt borrowings'

In an interview to CNBC-TV18, Charan Singh, Executive Director, UCO Bank, shares his views on the impact the Reserve Bank's change in lending rate math will have on the bank's financials.

May have different base rates for different tenors: SBI

With the RBI announcing a new methodology to calculate bank base rates using marginal cost of funds, State Bank of India may move to a structure in which it could have different base rates for different tenors, chairperson Arundhati Bhattacharya told CNBC-TV18.

New base rate math: RBI moves toward marginal cost of funds

The final norms on marginal costs for banks will be effective from April 1, 2016.

Base rate calculation guidelines for banks by Nov-end: RBI

To ensure effective transmission of its policy rate decisions by banks, the RBI on September 1 had proposed a uniform methodology for computation of their base lending rates on the basis of marginal cost of funds.

New base rate norm to hit banks' profit by Rs 20K cr:Crisil

Equating new base rate to Rs 20,000 crore profit hit for banks, Crisil Ratings in a note said under the new calculus, the base rate could be lower by around 50 basis points (0.5 per cent).

RBI releases draft guidelines to calculate policy rates

Reserve Bank of India, on Tuesday, released draft guidelines of new formula to calculate policy rates to ensure that policy rates are passed on to the customers by banks as the earliest.