MCLR

Definition : Marginal Cost of funds based Lending Rate
Category : Business » Banking
Country/Region : India India
Popularity :

What does MCLR mean?

Marginal Cost of funds based Lending Rate (MCLR) is a methodology by the Reserve Bank of India (RBI) for setting lending rate on loans by commercial banks. MCLR is built on four components—marginal cost of funds, tenor premium, operating expenses and Cash Reserve Ratio (CRR).

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Frequently Asked Questions (FAQ)

What is the full form of MCLR in Banking (India)?

The full form of MCLR is Marginal Cost of funds based Lending Rate

What is the full form of MCLR in Business?

Marginal Cost of funds based Lending Rate

What is the full form of MCLR in India?

Marginal Cost of funds based Lending Rate