» MCLR hike by PNB News

MCLR hike by PNB

Punjab National Bank increases lending rate by 5 bps across tenors; loan EMIs to become costlier

Punjab National Bank increases lending rate by 5 bps across tenors; loan EMIs to become costlier

Thu, Aug 01, 2024

On Wednesday, another public sector lender Bank of India also announced an increase in MCLR by 5 basis points for one year tenor to 8.95 per cent. However, the rates were unchanged for the remaining tenors.

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