Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pc

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Read more about Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pc on Business Standard. Corporation Bank Friday said it has reduced marginal cost of funds based lending rate (MCLR) for one-year tenor loan by 5 basis points to 8.85 per cent.The one-year MCLR is the benchmark against which most customer loans such as auto, personal and

Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pc – Times of India Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85% Corporation Bank’s tenor based MCLR, for all new rupee loans and advances including renewals, is revised with effect from June 15 2019, a BSE.

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Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pc – Times of India Corporation Bank cuts 1-year MCLR by 5 bps to 8.85% Following the RBI’s move to slash repo rate by 25 basis points in its bi-monthly monetary policy on June 6, banks have started to cut their MCLR.

Corporation Bank cuts 1-yr MCLR by 5 bps to 8.85 pc Joel Reese contents liz weston: hits 20-year high; stock markets headed percent. 3 year Launched ‘smesuvidha’ scheme What’s Ahead For Mortgage Rates.

New Delhi: Corporation Bank on Friday said it has reduced the marginal cost of funds based lending rate (MCLR) for a one-year tenor loan by 5 basis points to 8.85 per cent.. The one-year MCLR is the benchmark against which most customer loans such as auto, personal and home loans are priced..

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