https://www.taxtmi.com/news?id=15766 Implementation of a Marginal Cost of Funds based Lending Rate (MCLR) framework requires banks to compute and set interest rates on advances using marginal cost principles, with the methodology prescribed by the central banking authority. The framework aims to strengthen the transmission of policy rates into bank lending rates by linking loan pricing more directly to banks' marginal funding costs and by standardising calculation methods across institutions. en-us Sat, 27 Feb 2016 11:20:51 +0530 Sat, 27 Feb 2016 11:20:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15766 Implementation of a Marginal Cost of Funds based Lending Rate (MCLR) framework requires banks to compute and set interest rates on advances using marginal cost principles, with the methodology prescribed by the central banking authority. The framework aims to strengthen the transmission of policy rates into bank lending rates by linking loan pricing more directly to banks' marginal funding costs and by standardising calculation methods across institutions. News - Sat, 27 Feb 2016 11:20:51 +0530 https://www.taxtmi.com/news?id=15766