Bank Of Baroda has informed the Exchange about MCLR w.e.f. 12.05.2025
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 revised its MCLR rates across tenors effective from 12 May 2025. The overnight, one-month, three-month, and six-month MCLRs remain unchanged at 8.15%, 8.35%, 8.55%, and 8.80% respectively. The one-year MCLR has been reduced marginally by 5 basis points from 9.00% to 8.95%. This is a minor and selective rate revision, with no changes across shorter tenors.
The slight 5 bps cut in the one-year MCLR could marginally benefit new loan borrowers on longer-tenure products, while existing borrowers on MCLR-linked loans may see a small reduction in interest costs. For shareholders, the impact is minimal and largely neutral as it reflects routine rate calibration in line with the cost of funds.