MoneyWorks4Me

AXIS Bank informs about company updates

13 Apr 2016 Evaluate

AXIS Bank has informed that the Bank has reduced its MCLR by 15 bps across all tenors. This follows the reduction in Policy rates by RBI on April 05, 2016. The reduced MCLRs will be effective from April 18, 2016. The Bank has submitted a copy of the press release in this regard.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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