Comments
Corporation Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 5-15 basis points with effect from September 15.
The bank informed the stock exchanges on Friday that one-year MCLR has been reduced from 8.70 per cent to 8.65 per cent. The six-month MCLR has been reduced to 8.50 per cent (8.65 per cent), three-month MCLR to 8.35 per cent (8.50 per cent), one-month MCLR to 8.05 per cent (8.20 per cent), and overnight MCLR to 7.90 per cent (8.05 per cent) with effect from September 15.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.