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Kotak Mahindra Bank Cuts 1-year MCLR Rate, By 20 Bps, Hikes For Other Tenors

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Private sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points. The MCLR (marginal cost of funds based lending rate) linked loan

Private sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points. The MCLR (marginal cost of funds based lending rate) linked loanPrivate sector Kotak Mahindra Bank has revised upward its marginal cost of funds based lending rate for different tenors but reduced the benchmark one-year tenor rate by 20 basis points. The MCLR (marginal cost of funds based lending rate) linked loan

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