Company updateBusinessLine
Bank of Baroda ups MCLR by 5 to 20 bps
Negative-42 sources
GreyOak summary
Bank of Baroda increased its marginal cost of funds-based lending rate (MCLR) by 5 to 20 basis points effective November 12. The largest hike of 20 bps applied to three-month and six-month tenors, while one-month and one-year rates rose by 5 and 10 bps respectively. The overnight MCLR remained unchanged at 7.85 percent.
What it affects
- Bank of BarodaBANKBARODANegative -4
Bank of Baroda raised MCLR by 5Rolling sentiment Positive +26
Source
Read the original at BusinessLineMore Bank of Baroda news
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