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Tag "Asset Liability Management Committee"

Allahabad Bank lowers lending rates

Allahabad Bank lowers lending rates

🕔20:28, 29.Feb 2020

New Delhi, Feb 29  State-owned Allahabad Bank on Saturday slashed the interest rate on external benchmark-linked products by up to 40 basis points. The three-month Mumbai Interbank Offered Rate was reduced to 5.75 per cent from 6.15 per cent. “…the

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Allahabad Bank to raise MCLR up to 10 bps from May 1

Allahabad Bank to raise MCLR up to 10 bps from May 1

🕔07:49, 28.Apr 2018

Kolkata, April 28  State-run Allahabad Bank on Friday said it will raise the marginal cost of funds based lending rates (MCLRs) by five basis points for the tenors upto two years except six months and by 10 basis points for

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