Bank of Maharashtra — Important, 26-06-2025: General Updates

Bank of Maharashtra has announced a board meeting to review and revise its Marginal Cost of Funds Based Lending Rate (MCLR). The three-month MCLR has been reduced from 8.70% to 8.65%, and the one-year rate has dropped from 9.10% to 9.05%. Other tenors remain unchanged. This minor rate adjustment could slightly impact lending rates and interest margins going forward.