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Bank of India — Important, 29-08-2025: Updates
29-08-2025 | 05:27 pm
29-08-2025 | 05:27 pm
Bank of India adjusted its MCLR, increasing most short-term rates by 0.05% but lowering the 3-year MCLR by 0.15%. Fixed Rate Spread is 1.50%. This impacts lending rates for various loans, with fixed-rate retail loans now set at 10.50%. This reflects changes in the bank's cost of funds.
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