Bank Of Baroda has informed the Exchange about MCLR w.e.f 12.03.2026
BANKBARODA · price
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Bank of Baroda has reviewed its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenors, effective 12 March 2026. After the review, the bank has decided to keep all MCLR rates unchanged. The overnight MCLR stays at 7.80%, one-month at 7.90%, three-month at 8.15%, six-month at 8.45%, and one-year at 8.70%. This indicates that the bank's cost of funds and lending rate strategy remains stable for now, with no immediate impact on existing or new loan pricing linked to MCLR.
No change in MCLR means existing borrowers on MCLR-linked loans and prospective borrowers will see no revision in their lending rates. For shareholders, this signals rate stability but does not provide any positive or negative catalyst for the stock in the near term.