Bank Of Baroda has informed the Exchange about MCLR w.e.f 12.11.2025
BANKBARODA · price
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Bank of Baroda has informed the stock exchanges about a revision to its Marginal Cost of Funds based Lending Rate (MCLR), effective from 12 November 2025. MCLR is the internal benchmark rate used by banks to price most floating-rate loans such as home loans, personal loans, and corporate loans. The specific new rates across various tenures have not been disclosed in the headline, but revisions typically range across overnight, one-month, three-month, six-month, and one-year buckets. A change in MCLR directly influences the interest rates charged on new floating-rate loans and is also used for transmission of policy rate changes.
For existing borrowers, EMIs on floating-rate loans linked to MCLR will change at the next reset date based on the revised rate. A higher MCLR would mean higher borrowing costs for new loan customers, while a lower MCLR could make Bank of Baroda's loans more competitive against peers. The stock price is unlikely to move materially on this routine disclosure, though the direction of the revision signals the bank's view on funding costs and lending strategy.