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."
(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.)
