The Union Bank of India has hiked its marginal cost of funds-based lending rates by 25 basis points across tenures, effective Saturday, according to the bank's website.
After the revision, the bank's lending rates are in the range of 7.90-9.00%.
On Saturday, Union Bank of India hiked its external benchmark-based lending rate by 25 bps to 9.30%.
In January, the state-owned bank hiked the MCLR by 15 bps across tenures.
