Monday, August 10, 2020

Union Bank slashes MCLR by up to 15 bps

This is the fourteenth consecutive rate cut announced by the bank since July 2019, the release by Union Bank said. Indian Overseas Bank (IOB) has also reduced its MCLR by 10 basis points (bps) across all tenors effective Monday.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3fRmdLP

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