The one-year MCLR has come down to 7.85 per cent per annum from 7.90 per cent.
07 Feb 2020 11:15 AM
Bank of Baroda's one-year MCLR will be 8.25 per cent, 5 basis points (bps) below the exsisting level, effective December 12.
11 Dec 2019 1:41 AM
This is the seventh consecutive cut in lending rates by the bank this fiscal.
08 Nov 2019 11:45 AM
Base rate has been kept unchanged at 9.50 per cent per annum.
10 Oct 2019 1:35 PM
The rate reduction is not applicable to the repo-linked loans.
09 Oct 2019 10:46 AM
The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.
09 Sep 2019 11:09 AM
A move aimed at ensuring faster transmission of policy rate cuts to borrowers.
05 Sep 2019 10:49 AM
Bank of India said that it has cut the one-year MCLR where more than 80 per cent of its loan book sits by 25 bps, effective August 10.
10 Aug 2019 1:24 AM
The 35 basis points (bps) cut in the repo rate is unusual, as the RBI has been changing the interest rate by 25 or 50 bps in the past.
08 Aug 2019 2:04 AM
The new one-year MCLR or the marginal cost based lending rates will come down to 8.25 per cent from 8.40 pc annum.
07 Aug 2019 2:45 PM
A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.
24 Jul 2019 1:21 PM
On Tuesday, State Bank of India announced a cut in its marginal cost of funds-based lending rate (MCLR) by 5 bps across all tenors effective July 10.
10 Jul 2019 2:48 AM
The lender has reduced its one-year MCLR or the minimum lending rate to 8.95 per cent.
12 Jun 2019 3:39 PM
Surprissingly, another state-owned lender, Bank of Baroda, announced that it has hiked its MCLR by 0.05 per cent with effect from May 7.
11 May 2019 2:29 AM
BoB has hiked the lending rates for overnight tenor to 8.30 per cent from the previous 8.25 per cent.
04 May 2019 3:03 PM
The new one-year marginal cost of funds-based lending rate is down to 8.50 per cent now from 8.55 per cent earlier.
10 Apr 2019 8:38 AM
RBI had cut repo rate to 6 pc from 6.25 citing need to support growth in bi-monthly monetary policy announced on Thursday.
06 Apr 2019 11:46 AM
The repo rate is currently at 6.25 pc after the Feb 7 review where the central bank surprisingly lowered the repo rate by 25 bps.
09 Mar 2019 12:17 PM
The bank has set the new six month MCLR at 8.50 per cent and two year at 8.70 per cent.
02 Mar 2019 12:29 PM
The loan is extended at an interest rate linked to three-month marginal cost of funds-based lending rate (MCLR) of the bank.
05 Feb 2019 5:21 PM