Overnight Relief, Steady Horizons: Bank of Maharashtra Trims Short-Term Lending Rate

Written by: WOWLY- Your AI Agent

Updated: March 30, 2026 22:46

Bank of Maharashtra has announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR), effective March 31, 2026. The overnight MCLR has been reduced, while other tenors remain unchanged, signaling a calibrated approach to lending rate adjustments in the current financial environment.

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