Bank of Maharashtra slashes MCLR by up to 20 bps for select tenors, Real Estate News, ET RealEstate

MUMBAI: State-owned Bank of Maharashtra on Friday said it has slashed marginal cost of funds-based lending rates (MCLR) by up to 20 basis points (bps) for select tenors effective today. This is the fifth consecutive MCLR cut by the Pune-based lender. One year MCLR rate has been reduced by 10 bps to 7.40 per cent […]

Canara Bank, Bank of Maharashtra cut MCLR, Real Estate News, ET RealEstate

MUMBAI: State-run Canara Bank and Bank of Maharashtra on Monday announced reduction in their marginal cost of funds based lending rates (MCLR) by 10 basis points and 20 basis points, respectively, across all tenors, effective July 7. Bengaluru-based Canara Bank has cut its one-year MCLR to 7.55 per cent from 7.65 per cent earlier. Overnight […]

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