"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.)