Bank of Baroda lowers MCLR by upto 20 bps

The public sector lender has reduced its one-year MCLR, to which all retail loans are linked to, by 5 basis points to 8.25%. Its overnight and one-month rates are down 20 basis points to 7.65% now.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/38sCEvi