BOB reduces MCLR by 15 Bps across tenors from tomorrow

NE BUSINESS BUREAU
MUMBAI, JUNE 11

The leading lender Bank of Baroda has reduced its benchmark lending rate i.e. marginal cost of funds based lending rates [MCLR] across various tenors.

The MCLR has been revised downward across existing levels and tenors with effect from June 12, 2020, says a release from Corporate Communication department on Wednesday.