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Lakshmi Vilas Bank announces revision in MCLR

Capital Market 

With effect from 01 September 2018

announced revised MCLR with effect from 01 September 2018 as under -

Overnight - 9.10%
One month - 9.15%
Three month - 9.30%

Six month - 9.45%
One year - 9.75%

had revised the Marginal Cost of Funds -based Lending Rate (MCLR) with effect from 01 September 2018 which was notified on 31 August 2018.

The Bank noticed a technical error in the MCLR computation on 06 September 2018. The MCLR has since been revised effective from 01. September 2018.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 11 2018. 19:40 IST
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