Finance CLSA positive on large private lenders as interest rate transmission gathers pace Updated : September 17, 2020 12:58 PM IST The commercial banks have decreased MCLR significantly by around 80-90 bps over the last six months. According to RBI lending rate data, interest rates for new loans have fallen by more than 100 bps over the past months. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.