Union Bank of India, Indian Overseas Bank cuts MCLR across tenors. Here are the details
Indian Overseas Bank (IOB) also reduced its MCLR by 10 basis points (bps) across all tenors effective Monday.
Indian Overseas Bank (IOB) also reduced its MCLR by 10 basis points (bps) across all tenors effective Monday.
BoM has revised downwards its six months MCLR to 7.30 per cent from 7.50 per cent.
It is the 11th consecutive MCLR cut in 2019-20, the bank said.
