Awaiting price reaction for this filing.
Bank of Baroda has reviewed its Marginal Cost of Funds Based Lending Rate (MCLR) effective from 12th April 2025. The bank has kept all MCLR tenors unchanged: Overnight at 8.15%, One Month at 8.35%, Three Month at 8.55%, Six Month at 8.80%, and One Year at 9.00%. This is a routine quarterly revision with no movement in any tenor, indicating stability in the bank's cost of funds. Existing borrowers on MCLR-linked loans will see no change in their interest rates.
Neutral for shareholders and stock price. Existing MCLR-linked loan borrowers continue at the same rates, while new borrowers also benefit from unchanged rates. No material impact on the bank's earnings or net interest margins from this announcement.