BoI, Syndicate Bank, Allahabad Bank cut MCLRs by up to 25 basis points

The one-year MCLR at Bank of India (BoI), to which over 80% of the bank's loan book is linked, will come down by 25 bps to 8.35% per annum with effect from August 10.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Yyz7dE