February 21, 2026 10:21 pm (IST)
Follow us:
Dena Bank reduces MCLR by 10 basis points for 1 year tenor from Dec 1
Mumbai, Dec 2 (IBNS): Dena Bank on Friday said it has reduced Marginal Cost Based Lending Rate (MCLR) by 10 basis points from 9.40% to 9.30% for 1 year tenor starting from Dec 1 .
As per the structure of the MCLR rates Dena bank fixed its overnight period MCLR at 9.10. while setting up the one month period MCLR at 9.15 .
For three months period MCLR has been fixed at 9.20. and for six months period the rate has been fixed at 9.25. and for one year period the rate has been fixed at 9.30, the bank said in a statement.
Image: Dena Bank Twitter page
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Novartis to exit listed India arm, sell 71% stake to PE consortium
Sat, Feb 21 2026
Big boost for India! PM Modi announces major India–France aviation skills hub in Kanpur
Fri, Feb 20 2026
Which International ETF Belongs in Your Portfolio?
Thu, Feb 19 2026
No more tax payment hassles! Bandhan Bank unlocks instant challan and 24×7 payment access in Assam
Thu, Feb 19 2026