Private Sector DCB Bank marginal is modified upwards cost money based lending rate by 27 basis points across all periods. revised rates Will Effective November 5, 2022, DCB Bank said in a regulatory filing on Friday.

bottom sign one year MCLR The rate will go up to 10.23 per cent from Saturday, as against the current rate of 9.96 per cent.

one year element MCLR is mostly used to determine the pricing of consumer loans, such as housing, auto and personal loans.

The MCLR for one, three and six months will be 9.63 per cent, 9.79 per cent and 10.02 per cent, respectively. While the overnight tenor MCLR will be 9.58 percent.

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