May 30, 2017 / 11:41 AM / 3 months ago

BRIEF-Punjab National Bank cuts overnight MCLR to 8 pct

May 30 (Reuters) - Punjab National Bank:

* Says bank has reduced marginal cost of funds based lending rate (MCLR) with effect from June 1, 2017

* Says bank has reduced overnight MCLR to 8 percent from 8.05 percent Source text for Eikon: Further company coverage:

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