Bank of Baroda ups MCLR by 5 to 20 bps
Bank of Baroda (BoB) has decided to up its marginal cost of funds-based lending rate (MCLR) by 5 to 20 basis points (bps) with effect from November 12. The public sector bank has increased the MCLR the most (20 bps) in two tenors — three months (from 8.30 per cent to 8.50 per cent) and six months (f…
The one-month and one-year MCLR have been upped by 5 bps and 10 bps
Bank of Baroda (BoB) has decided to up its marginal cost of funds-based lending rate (MCLR) by 5 to 20 basis points (bps) with effect from November 12. The public sector bank has increased the MCLR the most (20 bps) in two tenors — three months (from 8.30 per cent to 8.50 per cent) and six months (from 8.50 per cent to 8.70 per cent).
The one-month and one-year MCLR have been upped by 5 bps (from 7.95 per cent to 8.00 per cent) and 10 bps (from 8.75 per cent to 8.85 per cent), respectively. The overnight MCLR remains unchanged at 7.85 per cent.
Published on November 9, 2026 18:14
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Source: BusinessLine Money & Banking
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