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| Exchange Received Time 10/10/2017 14:02:27 Exchange Disseminated Time 10/10/2017 14:02:32 Time Taken 00:00:05 | We refer to the subject mentioned above and inform that our Bank has reduced the MCLR across all the tenors for the fresh advances sanctioned and review/renewals with effect from 10.10.2017.
S No Tenor Rate of Interest (%)
1 Overnight MCLR 8.00
2 One - Month MCLR 8.05
3 Three - Month MCLR 8.10
4 Six - Month MCLR 8.20
5 One Year MCLR 8.40
6 Two Year MCLR 8.50
7 Three Year MCLR 8.60
We request you to take note of the above reduction in MCLR, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.
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