Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pc – Times of India

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If RBI cuts the repo rate by 50 basis points or 0.5%, DCB may decide to cut its 1 Year MCLR rate only by 0.25% based on its internal funding and liquidity position. Hence, it is important to compare the MCLR rate change of DCB Bank with that of RBI Repo Rate and MCLR Rate changes of other banks before taking a decision to take a loan from DCB Bank.

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Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pc Syndicate Bank cuts MCLR by 0.10 pc State-owned Oriental Bank of Commerce (OBC) has cut the marginal cost of funds-based lending rate (MCLR) by up to 10 basis points (bps) for various tenors with effect from Thursday.

ETRealty.com brings latest repo rate news, views and updates from all top sources for the Indian Real Estate industry.. Corporation Bank cuts 1-year MCLR by 5 bps to 8.85%. industry. with country’s largest lender State Bank of India raising it by 0.05 per cent for various tenures effective.

Corporation Bank Friday said it has reduced marginal cost of funds based lending rate (MCLR) for one-year tenor loan by 5 basis points to 8.85 per cent.The one-year MCLR is the benchmark against which most customer loans such as auto, personal and

New Delhi, jun 14 corporation bank Friday said it has reduced marginal cost of funds based lending rate (MCLR) for one-year tenor loan by 5 basis points to 8.85 per cent.

Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pct Fri, Jun 14, 2019 Corporation Bank’s tenor based MCLR, for all new rupee loans and advances including renewals, is revised with effect from June 15 2019.

Kolkata-headquartered United Bank of India has cuts its marginal cost of funds-based lending rate (MCLR) by up to 90 basis points across tenors. Following the cut, the one-year MCLR has been revised t

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