As per the website, the bank s overnight MCLR rate will now be 7.8%, one month MCLR will be 7.95%, three month MCLR will be 8.25%, six month MCLR would be 8.45%, one year MCLR will be 8.5%, two year MCLR will be 9.10% and three year MCLR will be 9.5% respectively.
The Karur Vysya Bank Ltd has revised the Marginal Cost of Funds Based Lending Rates from March 7, 2023 and Base Rate, Benchmark Prime Lending Rate of the Bank from March 10, 2023.
Bandhan Bank hiked the marginal cost of funds-based lending rates by 16 basis points across tenures with effect from today, according to the bank's website.
The revised rates on the bank's loans will be in the range of 6.71-10.96%.
The bank cut lending rates by 363 basis points across most tenures last month.
On Feb 8, the Reserve Bank of India's Monetary Policy Committee raised the policy