- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
The Bank of Maharashtra has reviewed and revised its Marginal Cost of Funds Based Lending Rate (MCLR) for various tenors. The MCLR for tenors up to six months remains unchanged, while the rate for tenors longer than six months has increased from 9.05% to 9.10%. This revision indicates a slight upward adjustment in borrowing costs for long-term loans, potentially impacting loan demand and pricing strategy. The steady rates for shorter tenors suggest stability in short-term borrowing, which could attract borrowers looking for lower rates. Investors should watch closely how this adjustment may influence the bank’s lending portfolio and overall financial performance.