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Question
Bank of Baroda cuts MCLR rates, EMIs to get cheaper:
Answer

Bank of Baroda has reduced MCLR on one-year tenor by 10 bps. The

rate reduction comes even as RBI in a surprise move had kept the repo rate unchanged at 5.15% at the last meeting on 6 February.

With this, BoB's overnight MCLR rate is down 10 bps to 7.55 now and one-month rate down 5 bps to 7.55% now. It has also

reduced by 10 bps in three-months and six months MCLR to 7.70% and 8%, respectively. (Mint)


Question
Bank of Baroda cuts MCLR rates, EMIs to get cheaper:
Answer
?

Question
Bank of Baroda cuts MCLR rates, EMIs to get cheaper:
Answer

Bank of Baroda has reduced MCLR on one-year tenor by 10 bps. The

rate reduction comes even as RBI in a surprise move had kept the repo rate unchanged at 5.15% at the last meeting on 6 February.

With this, BoB's overnight MCLR rate is down 10 bps to 7.55 now and one-month rate down 5 bps to 7.55% now. It has also

reduced by 10 bps in three-months and six months MCLR to 7.70% and 8%, respectively. (Mint)

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pdf

owner: nkmgwl - (no access) - 20200219192658235.pdf, p1

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