Crédit Agricole CIB has reduced its One Year MCLR Base Rate or the minimum lending rate by 0.15%, or 15 basis points with effect from Tuesday, December 18, 2018. Crédit Agricole CIB has revised its One Year MCLR Base Rate from 8.47 percent to 8.32 percent per annum.
Crédit Agricole CIB – Current MCLR Base Rate and Loan Interest Rate
New Delhi (Delhi, India), December 23, 2018
Crédit Agricole CIB Decreases One Year MCLR Base Rate to 8.32 Percent Per Annum
The Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) has reduced its benchmark MCLR (Marginal Cost of Funds based Lending Rate) Base Rate for new loans by 0.15 percent, or 15 basis points (BPS) with effect from Tuesday, December 18, 2018.
Crédit Agricole CIB has revised its One Year MCLR Base Rate or the minimum lending rate from 8.47 percent to 8.32 percent per annum.
Crédit Agricole CIB’s new MCLR Base Rate will be applicable for all new loans and the existing loans that may come up for renewal.
Crédit Agricole CIB applies the interest rates on all new loans and advances with reference to MCLR based rates from April 01, 2016 onwards.
The Reserve Bank of India (RBI) has asked all banks to set at least five MCLR based benchmark lending rates – Overnight MCLR, One Month MCLR, Three Month MCLR, Six Month MCLR, and One Year MCLR. The loans linked with MCLR will be reset for a maximum of one year tenure.
Crédit Agricole CIB’s Marginal Cost of Funds based Lending Rate (MCLR) Historical Data
Crédit Agricole CIB’s MCLR Base Rate effective from December 18, 2018 is:
Overnight MCLR: 7.06%
One Month MCLR: 7.68%
Three Month MCLR: 8.05%
Six Month MCLR: 8.20%
One Year MCLR: 8.32%
Crédit Agricole CIB’s MCLR Base Rate effective from November 19, 2018 is:
Overnight MCLR: 7.16%
One Month MCLR: 7.78%
Three Month MCLR: 8.06%
Six Month MCLR: 8.27%
One Year MCLR: 8.47%
Crédit Agricole CIB’s MCLR Base Rate effective from October 18, 2018 was:
Overnight MCLR: 7.12%
One Month MCLR: 7.77%
Three Month MCLR: 8.06%
Six Month MCLR: 8.29%
One Year MCLR: 8.55%
Crédit Agricole CIB’s MCLR Base Rate effective from September 18, 2018 was:
Overnight MCLR: 6.92%
One Month MCLR: 7.76%
Three Month MCLR: 8.06%
Six Month MCLR: 8.28%
One Year MCLR: 8.54%
Crédit Agricole CIB Cuts Base Rate to 8.10 Percent Per Annum
The Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) has also lowered its Base Rate (BR) for old loans by 0.75 percent, or 75 basis points (BPS) with effect from Wednesday, April 12, 2017.
Crédit Agricole CIB has revised its Base Rate or the minimum lending rate from 8.85 percent to 8.10 percent per annum.
Crédit Agricole CIB decides its interest rates on all loans and advances lent until March 31, 2016 with reference to Base Rate from July 01, 2010 onwards.
Crédit Agricole CIB’s Base Rate Historical Data
April 12, 2017 Base Rate: 8.10%
October 05, 2015 Base Rate: 8.85%
April 15, 2015 Base Rate: 9.15%
January 08, 2015 Base Rate: 9.35%
July 29, 2013 Base Rate: 9.50%
June 04, 2013 Base Rate: 8.50%
March 04, 2013 Base Rate: 9.00%
October 29, 2012 Base Rate: 9.25%
September 18, 2012 Base Rate: 9.50%
May 23, 2012 Base Rate: 10.00%
December 01, 2011 Base Rate: 10.50%
October 07, 2011 Base Rate: 10.00%
August 26, 2011 Base Rate: 9.75%
July 11, 2011 Base Rate: 9.50%
May 10, 2011 Base Rate: 9.25%
January 13, 2011 Base Rate: 8.50%
July 01, 2010 Base Rate: 7.00%