Bank of Baroda cuts MCLR by 0.05 per cent across tenors

The one-year tenor -- which is the benchmark for all consumer loans such as auto, retail, housing -- has been reduced to 7.45 per cent from 7.5 per cent.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/bank-of-baroda-cuts-mclr-by-0-05-per-cent-across-tenors/articleshow/79167172.cms