April 22, 2026 01:11 am (IST)

Make this your homepage

All Finance

‘PM Modi is a terrorist’: Mallikarjun Kharge sparks row; BJP hits back | ‘What kind of order is this?’: Mamata slams ECI’s bike curbs in poll-bound Bengal, calls it ‘mischief’ | ‘90% of women can’t do politics without entering male politicians’ rooms’: Pappu Yadav sparks row; BJP targets Congress | Tim Cook to step down as Apple CEO; John Ternus named successor | 15 killed, 20 injured as bus plunges into gorge in J&K’s Udhampur | Oil jumps over 5% as Strait of Hormuz closure fuels supply fears | Pushback from smartphone makers: Centre drops Aadhaar app pre-install plan — report | Meta eyes first wave of layoffs on May 20: Report | TCS breaks silence on Nida Khan: ‘No HR role, no power’ in Nashik case | ‘Panic reaction’: Rahul Gandhi on women’s bill, says PM Modi ‘wants to send a message’

Union Bank

Union Bank slashes MCLR by upto 15 basis points across various tenors

India Blooms News Service | @indiablooms | Aug 11, 2020, at 12:03 am

Hyderabad/UNI: Union Bank of India has reduced Marginal Cost of Funds- based Lending Rate (MCLR) by upto 15 basis points across various tenors.

One year MCLR now stands at 7.25 percent, down from 7.40 percent, the Bank said in a release here on Monday.

Revised MCLR will be effective from Tuesday.

This is the 14th consecutive rate cut announced by the Bank since July.

#UnionBank #UnionBankMCLR

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.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm