Union Bank reduces MCLR by 20 bps across tenors

This is the thirteenth consecutive rate cut by the lender since July last year. Earlier this week, Canara Bank and Bank of Maharashtra (BoM) also reduced their MCLRs by 10 bps and 20 bps, respectively across all tenors.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2ZeSR4R