OBC Bank Slashes 1-Year MLCR Rate To 8.7%

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Syndicate, OBC, Bank of India raise rate by up to 0.15% The hike follows the Reserve Bank this week raising the key lending rate by 0.25 per cent citing inflation concerns on rising oil rates globally.

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OBC slashes one-year MCLR by 5 bps to 8.70% The bank has revised the marginal cost based lending rate (MCLR) for three loan tenors with effect from June 11, 2019, it said in a regulatory filing.

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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.

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.

Check Oriental Bank of Commerce Fixed Deposit interest rates now. Compare and apply online for OBC FD Schemes at PaisaBazaar.com for higher returns. <p>The Oriental Bank of Commerce is a public bank that was nationalized in 1980.

SBI To Launch Repo-Rate Linked Home Loans From July 1: Should You Opt For It? OBC Bank Slashes 1-Year MLCR Rate To 8.7% PwC Resigns As Auditor Of Reliance Capital, Reliance Home Finance

Oriental Bank of Commerce Fixed Deposit rates. Following is an overview of Oriental Bank of Commerce’s Fixed Deposit Rates as of 27.12.2018 (Do keep in mind that these rates can change at any time and can be changed at the sole discretion of the bank. For the latest rates, it is advisable to check with Oriental Bank of Commerce directly.)

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