Bank of Maharashtra has reviewed the Marginal Cost of Funds Based Lending Rate (MCLR) and kept it unchanged. The MCLR rates remain 7.25% for one year, 7.15% for 6 months, and 7.10% for one quarter. The overnight and one-month rates also remain unchanged at 6.70% and 6.80%.
The Bank also intimated in another filing that January 27, 2022, is fixed as the Record date for payment of annual interest on BASEL III Tier II Bond of Rs205cr (coupon rate 8%).
Bank of Maharashtra stock trade on Friday ended at Rs20.30 per piece down by Rs0.05 or 0.25% from its previous closing of Rs20.35 per piece on the BSE.
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