Central Bank of India cuts MCLR by 5 bps across tenors
Overnight and one-month MCLRs have been revised to 6.60 per cent as against 6.65 per cent. State-run Central Bank of India on Friday said it is reducing its marginal cost of funds based lending rate (MCLR) by 5 basis points across all tenors effective August 15. The bank has revised its one-year MCLR to 7.15 …