Finance
Bank of Baroda (BOB) has increased its Benchmark Prime Lending Rate by 0.10%, or 10 basis points with effect from Tuesday, January 01, 2019. This interest rate hike will raise the cost for those people who have taken their loans on floating rate of interest.
Bank of Baroda has reduced its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Wednesday, December 11, 2019. Bank of Baroda has revised its One Year MCLR Base Rate from 8.30 percent to 8.25 percent per annum.