Bank of Maharashtra cuts repo linked lending rate by 75 bps

Many banks have reduced their repo linked lending rates following the Reserve Bank of India's (RBI) recent decision to cut repo rate by 75 basis points. BoM further said it will also reduce its marginal cost of funds based lending rates (MCLR) across all tenors up to 25 basis points from April 7.

from Banking/Finance-Industry-Economic Times https://ift.tt/2X6Uh0r