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MCLR effective from 7th October 2024 is as under:
Tenor | MCLR (%) |
---|---|
Overnight | 11.35 |
1 Month | 11.30 |
3 Month | 11.90 |
6 Month | 12.30 |
1 Year | 12.50 |
2 Year | 12.20 |
3 Year | 12.20 |
External Benchmark rates as under:
Benchmark | Rate (%) |
---|---|
Repo Rate – effective from 9th Feb 2024 | 6.50 |
G-Sec Rate – effective from 7th October 2024* | 7.04 |
*Arrived based on 3 months’ average yield of 10-year Government of India bond curve