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Bank Of Baroda Raises Lending Rates By Up To 20 Bps, Borrowers May Face Higher EMIs From November 12

Bank Of Baroda Raises Lending Rates By Up To 20 Bps, Borrowers May Face Higher EMIs From November 12
Photo: Free Press Journal · view original

Mumbai: Bank of Baroda has announced an increase in its Marginal Cost of Funds Based Lending Rate (MCLR) by up to 20 basis points across select tenures, a move that could make borrowing costlier for customers with loans linked to the benchmark. The revised interest rates will come into effect fro...

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