Reuters logo
BRIEF-Kotak Mahindra Bank cuts MCLR by up to 45 bps
January 2, 2017 / 7:42 AM / a year ago

BRIEF-Kotak Mahindra Bank cuts MCLR by up to 45 bps

Jan 2 (Reuters) - Kotak Mahindra Bank Ltd :

* cuts MCLR by up to 45 bps

* cuts overnight MCLR to 8.20 percent

* says cuts in MCLR effective from Jan 1 2017 Source text: (bit.ly/2izwYbV) Further company coverage: (Bengaluru newsroom)

Our Standards:The Thomson Reuters Trust Principles.
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