Bank of Baroda keeps Overnight MCLR unchanged
FinTech BizNews Service
Mumbai, November 11, 2023: Bank of Baroda (Bank), one of India’s leading public sector banks, has reviewed its Marginal Cost of Funds Based Lending Rate i.e. MCLR across various tenors. The Bank has realigned the MCLR across various tenors w.e.f November 12, 2023, keeping the Overnight MCLR unchanged at the existing level of 8% while the One Year MCLR has been increased by 5 bps to 8.75%.
The necessary exchange notification has been issued.
