What is the current MCLR rate set by the Reserve Bank of India?

The MCLR (Marginal Cost of Funds based Lending Rate) is not set by the Reserve Bank of India (RBI) but by individual banks based on their internal factors. Each bank sets its own MCLR rates based on its cost of funds, operating expenses, and other factors.

To know the current MCLR rates, you would need to check with specific banks or financial institutions. They typically publish their MCLR rates on their official websites or provide the information through their customer service channels. You can also refer to financial news websites or consult with a financial advisor to get the most uptodate information on MCLR rates from various banks.