The new rates will come into effect from tomorrow onwards.
MCLR for 1-year tenor is set at 7.40% from current 7.45%.
Meanwhile, MCLR for the three-month and six-month period will be 7.15% and 7.25% from tomorrow onward, compared to existing 7.20% and 7.30% respectively.
Also, the bank has levied an MCLR of 7% on one-month tenor against current 7.05%. Similarly, overnight MCLR would be 6.55% from present 6.60%.
At around 3.27 pm, BoB was trading at Rs65.40 per piece down by 1.43%. The stock has touched an intraday high and low of Rs68.20 per piece and Rs65 per piece on Sensex respectively.