MCLR will be 7.45% on 1-year tenor from current 7.50%.
For six month tenor, MCLR will be 7.30% from present 7.35%. While for six-month tenor, the MCLR will stand at 7.20% from current 7.25%.
MCLR will be at 7.05% on one-month tenor from current 7.10%, whereas MCLR will stand at 6.60% from present 6.65%.
The new rates will come into effect from November 12, 2020.
At around 11.48 am, BoB stock was trading at Rs47.35 per piece down 1.76% on Sensex.
The stock has touched an intraday high and low of Rs48.90 per piece and Rs47 per piece respectively.