Money & Banking

Andhra Bank cuts MCLR by 10 bps

Our bureau Hyderabad | Updated on January 16, 2018 Published on October 15, 2016

Andhra Bank has announced a reduction of 10 basis points in its one year MCLR from 9.55 per cent to 9.45 per cent effective from today.

The base rate and the BMPLR have also been reduced by 5 basis points to 9.7 per cent and 13.95 per cent respectively from Saturday, according to a press release.

Published on October 15, 2016
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