Bank of Baroda cuts MCLR by 0.05% across tenors. here are the latest rates
The one-year tenor has been reduced to 7.45 per cent from 7.5 per cent.
The one-year tenor has been reduced to 7.45 per cent from 7.5 per cent.
The development comes a day after the Reserve Bank of India (RBI) announced to keep the repo rate and the reverse repo rate unchanged.
The overnight and one-month lending rates have been cut by 20 basis points (bps) to 7 per cent each.
