Investment word of the day: Marginal cost of funds-based lending rate—what is MCLR and why does it matter to investors?
MCLR, introduced by the RBI in 2016, determines the minimum interest rate banks can lend, replacing the base rate system. It ...
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Public Sector Drives Strong Growth For Investment Banks In India: Report
Public sector is playing a crucial role in driving growth for investment banks in India, supported by the government’s divestment plans and strong domestic inflows, a new report said on Thursday. The ...