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Start learning 50% faster. Sign in now· Marginal Cost of Funds based Lending Rate is the lowest rate of fund lending. No bank is permitted to lend below this. The methods used to renew credit limits and sanction loans are per MCLR norms. It is determined by banks internally, depending upon the loan repayment time. · MCLR full form is Marginal Cost of Funds based Lending Rate. · RBI gives a fixed Internal Reference Rate for banks under it. · This Interest Rate is used by all banking and non-banking institutions as their minimum interest rate applicable for lending any loan. It has replaced the earlier Base Rate System, which was introduced in the year 2010. · State Bank of India has hiked its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) across tenures, effective May 15. This is the second time the state-owned lender has raised its MCLR in as many months. · SBI’s overnight, one-month, three-month MCLR now stands at 6.85 per cent as against 6.75 per cent earlier. · the six-month MCLR stands at 7.15 per cent, one-year MCLR, one-year MCLR stands at 7.20 per cent, two-year MCLR stands at 7.40 per cent, and three-year MCLR stands at 7.50 per cent. · The hike in MCLR by SBI comes after the monetary policy committee (MPC) hiked benchmark interest rate (repo rate) by 40 basis points to 4.40 per cent. · As of December 2021, a little over 39 per cent of banking system loans are linked to the external In a benchmark, shows Reserve Bank of India data, with 58.2 per cent of the home loans linked to external benchmarks.
If a tank can be filled by a tap in 14 hours, but due to an outlet, it actually takes 4 hours longer to fill the tank, find the duration in which the ou...
Pipe ‘A’ can fill a tank in 20 hours while pipe ‘B’ takes 30 hours to empty it. Pipe ‘A’ is opened alone when the tank was empty and after 1...
Two inlet pipes 'A' and 'B' can fill an empty tank in 15 minutes and 20 minutes, respectively. Another outlet pipe 'C' can empty the tank in 60 minutes....
Two pipes, A and B, can independently fill the tank in 15 minutes and 25 minutes respectively, while pipe C can empty 9 gallons from the tank in 3 minut...
There are 16 taps which are fitted in a tank .In which some are inlet pipes and some are Outlet pipes .Each inlet tap has the efficiency to fill the ...
Pipe ‘A’ takes 10 minutes to fill a tank. Pipe ‘B’ takes 20 minutes to empty the same tank. If pipe ‘B’ is opened 4 ...
Tap A can fill a tank in 15 hours. Tap B can fill 12.5% part of the same tank in 2 hours, whereas Tap C can alone empty a tank in ‘x’ hours. 5/8 par...
Tap A can fill a tank in 10 hours. Tap B can fill 12.5% part of the same tank in 2 hours, whereas Tap C can alone empty a tank in ‘x’ hours. 3/7 par...
Pipe ‘A’ and pipe ‘B’, together can fill 20% of a tank in 7 hours while pipe ‘C’ takes 40 hours to empty it. ...
