Axis Bank increases MCLRs by 5 bps across all tenors

Image
Capital Market
Last Updated : Jan 17 2018 | 7:50 PM IST

With effect from 18 January 2018

Axis Bank has reviewed and decided to increase the MCLRs by 5 bps across all tenors. The 1year MCLR currently stands at 8.30%. This will be effective from 18 January, 2018.

Overnight - 7.85%
One month - 7.85%
Three month - 8.05%
Six month - 8.20%
One year - 8.30%
Two year - 8.35%
Three year - 8.40%

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 17 2018 | 7:27 PM IST

Next Story