Finance
Citibank India has increased its One Year MCLR Base Rate or the minimum lending rate by 0.20%, or 20 basis points with effect from Friday, February 07, 2020. Citibank India has revised its One Year MCLR Base Rate from 7.75 percent to 7.95 percent per annum.
Citibank India has decreased its Benchmark Prime Lending Rate by 0.10%, or 10 basis points with effect from Tuesday, January 07, 2020. This interest rate cut will decrease the cost for those people who have taken their loans on floating rate of interest.