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BRIEF-Dena Bank cuts overnight MCLR by 15 bps
May 31, 2017 / 11:43 AM / 4 months ago

BRIEF-Dena Bank cuts overnight MCLR by 15 bps

May 31 (Reuters) - Dena Bank

* Dena bank reduces marginal cost based lending rate (MCLR) for various tenors from 1st June, 2017

* Says reduced marginal cost based lending rate (MCLR) by 15 basis points for overnight Source text: [Dena Bank, India’s trusted family bank has reduced Marginal Cost Based Lending Rate (MCLR) by 15 basis points for overnight, and 20 basis points for one month and 10 basis points for 3 months and 5 basis points for 6 months and 1 year tenor from 1st June, 2017] Further company coverage:

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