Union Bank of India to cut MCLR by 10 bps; Bank of Baroda to slash 1-month rate by 5 bps

Union Bank of India said this is the seventh consecutive rate cut announced by the lender since July 2019. Meanwhile, Bank of Baroda in a regulatory filing said that it will revise one month MCLR to 7.60 per cent from 7.65 per cent.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2FANHWe