Comments
Oriental Bank of Commerce has hiked its marginal cost of fund-based lending rate (MCLR) by 5-15 basis points across various tenors. The new rates will take effect from March 12. However, there will be no change in overnight MCLR which would remain at 8.10 per cent.
One year MCLR of the bank would go up to 8.50 per cent from 8.35 per cent now, said a release issued by the bank. Three months MCLR stands revised to 8.30 per cent from 8.20 per cent now and six months MCLR has been hiked to 8.45 per cent from 8.30 per cent.
Comments
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.