India, Sept. 18 -- South Indian Bank has decided to reduce the base rate from 9.85% to 9.75% and Marginal Cost of Funds Based Lending Rates (MCLR) applicable for multiple tenors has been revised w.e.f 20 September 2020 as follows:
Overnight - 7.80%
One month - 7.85%
Three month - 7.90%
Six month - 8.00%
One year - 8.20%
Published by HT Digital Content Services with permission from Pivotal Sources....