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Bank of Baroda on Monday increased its Marginal Cost of Funds Based Lending Rate (MCLR) from June 12, the company announced through an exchange filing.
The overnight, one month, three month, and six month MCLR have been kept the same.
However, the MCLR for one year has been increased slightly from 8.60 per cent to 8.65 percent, a slight increase of 0.05 percent.
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TheNews21 is India’s independent digital news and investigative journalism platform founded by senior journalist Vivek Bhavsar. From its Mumbai newsroom, it reports on governance, politics, public policy, business and international affairs, while publishing in-depth investigative stories in the public interest.
