Price Update9 Nov 2026, 04:40 pm
Bank of Baroda Revises MCLR Rates Effective Nov 12, 2026
AI Summary
Bank of Baroda has announced a review of its Marginal Cost of Funds Based Lending Rate (MCLR) effective November 12, 2026. The rates for various tenors have been adjusted. Notably, the MCLR for overnight tenor remains unchanged at 7.85%. However, rates for one-month, three-month, six-month, and one-year tenors have been increased to 8.00%, 8.50%, 8.70%, and 8.85% respectively. This revision is in line with regulatory requirements and market conditions.
Key Highlights
- MCLR rates revised effective November 12, 2026.
- One-year MCLR increased to 8.85% from 8.75%.
- Three-month and six-month MCLR also see upward revision.
- Overnight MCLR remains stable at 7.85%.
Price Impact
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