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 http://bit.ly/31rKVfD