Amid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest margins from falling sharply when the RBI cuts the repo rate. This strategy aims to balance the impact while retaining customers. Amid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest margins from falling sharply when the RBI cuts the repo rate. This strategy aims to balance the impact while retaining customers. Economic Times
Banks look to shift focus to MCLR-linked loans ahead of rate cuts to protect margins
