Bank of Baroda reviews its MCLR  
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Bank of Baroda reviews its MCLR

Bank of Baroda has reviewed its MCLR and has made no changes to it. The rates will be applied with effect from March 12

PSU Watch Bureau

New Delhi: State-owned Bank of Baroda in a regulatory filing on Friday said that it has reviewed its Marginal Cost of Funds Based Lending Rate (MCLR) and these rates will be applied with effect from March 12. However, the bank has not made any changes to the existing rates, indicated the filing.

As per the filing, "overnight MCLR is 7.9 percent, one-month MCLR is 8.2 percent, three-month MCLR is 8.3 percent, six-month MCLR is 8.4 percent and one-year MCLR is 8.55 percent."

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