Question
What is the new one-year Marginal Cost of Funds based
Lending Rate (MCLR) set by Indian Bank effective July 3, 2025?Solution
Indian Bank reduced its one-year MCLR by 5 basis points to 9.00%, effective from July 3, 2025. The Marginal Cost of Funds based Lending Rate is the minimum interest rate below which banks cannot lend. A reduction in MCLR leads to lower lending rates for loans linked to this benchmark, making credit more affordable.
What development has C-DOT and IIT Mandi undertaken together?
Dubai opened the 'Infinity Bridge' for traffic for the first time. Why the bridge is named 'Infinity Bridge'?
Which crop witnessed the highest absolute increase in MSP over the previous year at Rs 622 per quintal?
_____________ will develop electric vehicles (EV) with BMW's motorcycle brand in the India.
Global financial markets infrastructure and data provider London Stock Exchange Group (LSEG) will be establishing a technology centre of excellence (CoE...
In the Under-19 Asia Cup 2021 finals India defeated which country by 9 wickets in a rain-interrupted One-Day International final in Dubai.
Who has been awarded the 2021 DST-ICTP-IMU Ramanujan Prize for young mathematicians from developing countries?
Which AI models did Jio and Airtel bundle in 2025 for monetisation strategies?
A new species of _______ were recently found in PANAMA jungles named after Greta Thunberg?
Which startup support platform under MeitY organized SANGAM 2025?
