IDBI Bank Cuts MCLR By 5 to 10 Bps Across Tenures  Goodreturns

On Wednesday, LIC-owned IDBI Bank reduced marginal cost of funds based lending rate (MCLR) by 5 to 10 basis points across various tenors, with immediate ...

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On Wednesday, LIC-owned IDBI Bank reduced marginal cost of funds based lending rate (MCLR) by 5 to 10 basis points across various tenors, with immediate effect. MCLR is the minimum interest rate below which a bank will not lend.On Wednesday, LIC-owned IDBI Bank reduced marginal cost of funds based lending rate (MCLR) by 5 to 10 basis points across various tenors, with immediate effect. MCLR is the minimum interest rate below which a bank will not lend.

IDBI Bank Cuts MCLR By 5 to 10 Bps Across Tenures - Goodreturns

The lender has reduced its one-year MCLR or the minimum lending rate to 8.95 percent.The lender has reduced its one-year MCLR or the minimum lending rate to 8.95 percent.

IDBI Bank cuts MCLR by 5-10 bps across various tenors - Moneycontrol.com