Bank Of Baroda has informed the Exchange about MCLR w.e.f. 12.02.2026
BANKBARODA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bank of Baroda has informed the stock exchange about a revision in its Marginal Cost of Funds-based Lending Rate (MCLR), effective from 12 February 2026. MCLR is the internal benchmark rate used by banks to determine lending rates on loans such as home loans, personal loans, and corporate borrowings. The bank periodically revises this rate based on changes in its cost of funds, market conditions, and RBI guidelines. The exact revised rate values have not been disclosed in the headline, but typically such revisions can impact both new borrowers and existing loan resets tied to MCLR.
A MCLR revision directly affects lending rates for new and existing borrowers tied to this benchmark. A hike raises EMI burdens for borrowers but can improve the bank's net interest margins, while a cut does the opposite. This is a routine operational update and is unlikely to cause major stock price movement.