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MCLR

It stands for marginal cost lending rate; the minimum interest rate below which banks and financial institutions cannot lend as...

    Marginal Cost Lending Rate

    The minimum interest rate below which banks and financial institutions cannot lend as it would be infeasible, or not allowable...

      Floating Loan

      A loan whose interest rate payments change over the life of the loan. Typically, the floating interest rate is tied...

        Synthetic Floating-Rate Loan

        A floating-rate loan that is synthetically constructed using interest rate swaps. A debtor with a fixed-rate loan can convert this...

          Floating Rate Loan

          A loan whose interest rate payments change over the life of the loan. Typically, the floating interest rate is tied...