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Wednesday, June 12, 2019

IDBI Bank cuts MCLR by 5-10 bps across various tenors

For six-month tenor, OBC is offering MCLR of 8.60 per cent as against earlier rate of 8.70 per cent. Last week, Bank of Maharashtra also reduced its MCLR for one-year tenor loan by 10 basis points to 8.60 per cent.

from The Financial ExpressBanking & Finance – The Financial Express


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