Tag: Bank of Maharashtra

Indian Overseas Bank and Bank of Maharashtra cut lending rates

NEW DELHI: State-owned Indian Overseas Bank and Bank of Maharashtra on Wednesday announced a reduction in their marginal cost of funds based lending rate (MCLR). “Our Bank has revised the MCLR w.e.f 10.05.2020 until further review,” Indian Overseas Bank said in a regulatory filing. The Chennai-headquartered lender said the MCLR for the benchmark one-year tenor […]

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