April 6, 2018 / 3:07 PM / 8 months ago

BRIEF-India's Bank Of Maharashtra Cuts Base Lending Rate, Retains MCLR

    April 6 (Reuters) - Bank of Maharashtra Ltd:
    * SAYS CUTS BASE LENDING RATES BY 0.1 PERCENT EFFECTIVE
APRIL 7,
KEEPS MCLR RATES UNCHANGED

Source text for Eikon: [Bank has reduced Base rate by 0.10% in
Base Rate from 9.60% to 9.50% with effect from 07.04.2018. Bank
reviewed and kept constant its marginal cost of funds based
lending rates (MCLR) and the lending rates from 7th April 2018
are as under:
   Tenor      MCLR
 Overnight    8.10%
 MCLR        
 1 month      8.15%
 MCLR        
 3 month      8.20%
 MCLR        
 6 months     8.55%
 MCLR        
 1 year       8.65%
 MCLR        
 Further company coverage:          

 (Mumbai newsroom)
  
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below