Bank of India reduces it’s overnight MCLR by 20bps and other maturity MCLR’s by 10 bps with effect from December 10, 2019.
Overnight MCLR from 7.95% to 7.75%, One Month MCLR from 8.20% to 8.10%, Three Month MCLR from 8.25% to 8.15%, while 6 month and 1 year MCLR from 8.30% to 8.20%.