OBC Bank Slashes 1-Year MLCR Rate To 8.7%

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OBC slashes one-year MCLR by 5 basis points to 8.70% – Times. – OBC slashes one-year MCLR by 5 basis points to 8.70% Oriental Bank of Commerce on Tuesday said it has cut marginal cost based lending rate for one-year tenor loan by 5 basis points to 8.70 per cent.

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GoodReturns – News All – On Tuesday, the public sector bank Oriental Bank of Commerce said it has cut its one-year MCLR or marginal cost of funds based lending rate by 5 basis points to 8.7%. In a regulatory filing, the bank said it has revised..

OBC Bank Slashes 1-Year MLCR Rate To 8.7% – Goodreturns – On Tuesday, the public sector bank Oriental Bank of Commerce said it has cut its one-year MCLR or marginal cost of funds based lending rate by 5 basis points to 8.7%.

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OBC MCLR Rates, OBC Base Rate – Jun 2019 – Myloancare – Oriental Bank of Commerce (OBC) has raised its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points across all tenure for the month of January. It will make retail loans costlier for the customers. Now six-month MCLR stands at 8.70% and that of one year at 8.75%. The revised rates are effective from January 11, 2019.