July 09, 2026 09:46 am (IST)
Follow us:
Dena Bank reduces MCLR by 15 basis points for various tenors from Sept 1
Mumbai, Sept 1 (IBNS): Dena Bank, India’s trusted family bank has reduced Marginal cost based Lending Rate (MCLR) by 15 basis points across one year, 6months, 3 months and one month with effect from Sept 1.
As per the structure of the MCLR rates, Dena bank has fixed its overnight period MCLR at 8.20% while setting up the one month period MCLR at 8.20%.For three months period MCLR has been fixed at 8.30% and for six months period the rate has been fixed at 8.35% and for one year period the rate has been fixed at 8.40%, the bank said in a statement.
Image:wikimedia commons
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
L&T Vyoma and Fortanix partner to deliver confidential computing with NVIDIA technology
Wed, Jul 08 2026
Dalal Street bleeds! Sensex tanks over 1,600 points after Trump declares Iran ceasefire 'over'
Wed, Jul 08 2026
Vikram Solar successfully rolls out first module from its new manufacturing mega-facility in Tamil Nadu
Tue, Jul 07 2026
Indian markets defy global gloom! Sensex, Nifty extend winning streak for fifth straight session
Tue, Jul 07 2026