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Axis Bank submits copy of press release

17 Dec 2016 Evaluate

Axis Bank has informed that the Bank has reviewed and decided to reduce the MCLRs of the Bank by 10 bps in the Overnight tenor and by 15 bps across all other tenors. This will be effective from December 17, 2016. In this regard, the Bank has submitted a copy of Press Release dated December 16, 2016 titled ‘Axis Bank cuts the MCLRs’.

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

Peers
Company Name CMP
HDFC Bank 728.10
ICICI Bank 1396.80
Axis Bank 1286.45
Kotak Mahindra Bank 446.00
Indusind Bank 874.00
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