The revised rates will be in the range of 7.35-7.95%. The Reserve Bank of India's norms mandate banks to detail their lending rates every month, based on the marginal cost of funds.
UCO Bank cuts MCLR by 25 bps across tenures
UCO Bank has cut its marginal cost of funds-based lending rates by 25 basis points across tenures, according to information on the lender's website.
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