Bank of Maharashtra reviews & revises its MCLR 
Latest News

Bank of Maharashtra reviews & revises its MCLR

Bank of Maharashtra stated in a regulatory filing that it has reviewed and revised the marginal cost of funds-based lending rate (MCLR) on Wednesday

PSU Watch Bureau

New Delhi: Bank of Maharashtra (MAHABANK) stated in a regulatory filing that it has 'reviewed and revised the Marginal Cost of Funds Based Lending Rate (MCLR)' on Wednesday. The mandatory filing also stated that the bank has revised its Overnight MCLR from 7.30 percent to 7.50 percent.

"MCLR for one month has been increased from 7.50 percent to 7.70 percent. MCLR for three months has increased from 7.60 percent to 7.90 percent. For six months, the MCLR has increased from 7.70 percent to 8 percent. MCLR for a year has been revised from 7.90 percent to 8.20 percent," stated the bank in the BSE filing.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IFFCO appoints K J Patel as new Managing Director, succeeding US Awasthi

NTPC declares commercial operation of Dayapar Wind project in Gujarat

NRDC and Doon University forge strategic partnership to boost innovation and technology commercialization

NTPC Bongaigaon concludes Girl Empowerment Mission 2025, marks fourth successful edition

Markets tank in early trade as US announces 25% tariff plus penalty on India from Aug 1