SyndicateBank hikes 3 months’ MCLR by 10 basis points, stock gains

State-run Syndicate Bank Wednesday increased its marginal cost of funds based lending rate (MCLR) by 10 basis points or 0.1 percent for loan tenure of 3 months. Interest rates for loan tenure of three months have been hiked to 8.50 percent from 8.40 percent earlier.

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Posted in: Indian Market Tips