April 19, 2024 17:18 (IST)
Follow us:
Mumbai, June 30 (IBNS): Dena Bank, India’s trusted family bank has reduced Marginal Cost Based Lending Rate (MCLR) by 5 basis points for 3months, 6 months & 1 year tenors from July 1.
"As per the structure of the MCLR rates Dena bank fixed its overnight period MCLR at 8.20 % while setting up the one month period MCLR at 8.30 % .For three months period MCLR has been fixed at 8.35%. and for six months period the rate has been fixed at 8.45% and for one year period the rate has been fixed at 8.55 %," the bank said in a statement.
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
Sensex jumps up 599 points ending losing streak for several sessions Fri, Apr 19 2024
Stock market opens in the red amid reports of Israeli retaliatory strikes against Iran Fri, Apr 19 2024
HDFC Life Q4FY24 net profit grows 14.8% YoY to Rs 411 cr Thu, Apr 18 2024
Infosys workforce declines by 25,994 in FY24 Thu, Apr 18 2024
UK's Vesuvius group to invest Rs 1,000 cr in India Thu, Apr 18 2024
Infosys Q4FY24 net profit jumps 30% YoY to Rs 7,969 cr Thu, Apr 18 2024
Indian bourses close in red amid uncertainty in West Asia; Sensex tanks 450pts, Nifty at 21,995 Thu, Apr 18 2024
Musk's Visit to India Can Be a Game-Changer for the Tech Landscape Thu, Apr 18 2024
India now part of global value and supply chains, says CII chief Thu, Apr 18 2024