The Business Bytes
TBB BUREAU
MUMBAI, NOV 11, 2023
Bank of Baroda (BoB), one of India’s leading public sector banks, has reviewed its Marginal Cost of Funds Based Lending Rate i.e. MCLR across various tenors. BoB has realigned the MCLR across various tenors with effect from November 12, 2023, keeping the Overnight MCLR unchanged at the existing level of 8 per cent while the One Year MCLR has been increased by 5 bps to 8.75 per cent.
