Bank of Baroda — Important, 11-02-2025: General Updates
11-02-2025 | 10:54 am
11-02-2025 | 10:54 am
Bank of Baroda has conducted a review of its Marginal Cost of Funds Based Lending Rate (MCLR), effective from 12th February 2025. The MCLR for various tenors remains unchanged as follows: Overnight rates at 8.15%, One Month at 8.35%, Three Month at 8.55%, Six Month at 8.80%, and One Year at 9.00%. This consistency in rates may indicate stability in the bank's lending environment. Investors should note these adjustments as they can impact borrowing costs and overall loan demand, maintaining a cautious outlook on potential changes in customer behavior or market conditions.
No comments yet. Be the first to comment!
