OBC Bank Slashes 1-Year MLCR Rate To 8.7% PwC Resigns As Auditor Of Reliance Capital, Reliance Home Finance All The Details On The New gst return filing system Transition Plan. Oriental Bank of Commerce (OBC) has raised its Marginal Cost of funds based lending Rate (MCLR) by 5 basis points across all tenure for the month of January. It will make retail loans costlier for the customers. Now six-month MCLR stands at 8.70% and that of one year at 8.75%. The revised rates are effective from.
Public sector lender Oriental Bank of Commerce may cut interest rates for deposits of one year by 50 basis points on Tuesday. Advertising "We will take a call on around 50 basis points cut in deposit rates tomorrow at our Assets and Liabilities Committee (Alco) meet," Oriental Bank Executive Director S C Sinha said on Monday.
HDFC Bank slashes two-year MCLR rate to 9.20% effective June 7 HDFC Bank also reduced its one-month MCLR to 8.95 percent from 9 percent, while Bank of Baroda hiked its one-year MCLR to 9.40.
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State-run United Bank of India (UBI) has brought down its marginal cost of funds-based lending rates (MCLRs) by 5 basis points (bps) for various tenors up to one year, except six months tenor, with effect from July 17.
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OBC Bank Slashes 1-Year MLCR Rate To 8.7%. Bank Of Maharashtra Lowers Lending Rate By 0.10%. Home Loan interest rate comparison Between HFCs And Banks. Allahabad Bank Loans Get Cheaper.
On Tuesday, the public sector bank Oriental Bank of Commerce said it has cut its one-year MCLR or marginal cost of funds based lending rate by 5 basis points to 8.7%.
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SBI ToFrom July 1: Should You Opt For It? OBC Bank Slashes 1-Year MLCR Rate To 8.7% PwC Resigns As Auditor Of Reliance Capital, Reliance Home Finance