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Last Updated : May 11, 2018 08:55 PM IST | Source: PTI

Syndicate Bank raises MCLR rates by 5 bps

The one-year MCLR rate have been revised to 8.50 percent, while the six month rate now stands at 8.30 percent.

 
 
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Syndicate Bank today said it has increased its marginal cost of funds based lending rate (MCLR) by five basis points across all tenors.

The one-year MCLR rate have been revised to 8.50 percent, while the six month rate now stands at 8.30 percent.

The new minimum lending rates is effective from May 10, the bank said in a release.

 
First Published on May 11, 2018 08:50 pm
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