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United Bank of India MCLR rate cut News
United Bank of India MCLR rate cut
United Bank of India slashes MCLR by 0.05% from April 18
Wed, Apr 17, 2019
United Bank of India has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points across tenures, effective Thursday or April 18, 2019.
United Bank of India trims MCLR rate by 90 basis points; shares gain
Thu, Jan 05, 2017
Not only banks but NBFCs have been in a rate cut war. Both banks and NBFC have reduced MCLR in the range of 40 basis points - 90 basis points within just 4 days of January 2017.