OBC Bank Slashes 1-Year MLCR Rate To 8.7%
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Latest MCLR Rate Cuts (02-Jan-2017) : State Bank of India (SBI) has made a deep 0.90% cut in its marginal cost of funds based lending rate (mclr) across all maturities. Following this cut, home, auto, personal and other loans will become cheaper. With this cut, the one-year MCLR is at 8 per cent against 8.9 per cent.
Data Insights Analyst | $35 – $45 Hourly Rate – Mumbrella Jobs OBC Bank Slashes 1-year mlcr rate To 8.7% OBC slashes one-year MCLR by 5 bps to 8.70% The bank has revised the marginal cost based lending rate (MCLR) for three loan tenors with effect.
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OBC Bank Slashes 1-Year MLCR Rate To 8.7% PwC Resigns As Auditor Of Reliance Capital, reliance home finance All The Details On The New gst return filing system Transition Plan. Oriental Bank of Commerce (OBC) has raised its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across all tenure for the month of January. It will make retail loans costlier for the customers. Now six.
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Oriental Bank of Commerce (OBC) has raised its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across all tenure for the month of January. It will make retail loans costlier for the customers. Now six-month MCLR stands at 8.70% and that of one year at 8.75%. The revised rates are effective from January 11, 2019.
Small savings rates slashed, PPF rate cut to 8.1% from 8.7% KVP rate will be cut to 7.8% from 8.7%; National Savings Certificates, Monthly Income Account and sukanya samriddhi account rates also cut. In a move that will hit the common man, the government on Friday slashed interest rates payable on small savings including PPF and Kisan Vikas.