The document provides the Marginal Cost of Funds Based Lending Rate (MCLR) for various tenors as of August 1, 2019. The MCLR saw a decrease across all tenors, with the overnight rate decreasing the most from 8% to 7.9% and rates for longer tenors like 3 years decreasing slightly from 8.6% to 8.5%.
The document provides the Marginal Cost of Funds Based Lending Rate (MCLR) for various tenors as of August 1, 2019. The MCLR saw a decrease across all tenors, with the overnight rate decreasing the most from 8% to 7.9% and rates for longer tenors like 3 years decreasing slightly from 8.6% to 8.5%.
The document provides the Marginal Cost of Funds Based Lending Rate (MCLR) for various tenors as of August 1, 2019. The MCLR saw a decrease across all tenors, with the overnight rate decreasing the most from 8% to 7.9% and rates for longer tenors like 3 years decreasing slightly from 8.6% to 8.5%.