January 13, 2017 / 10:07 AM / 6 months ago

BRIEF-Axis Bank cuts MCLRs by 65-70 bps

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Jan 13 (Reuters) - Axis Bank Ltd

* Says Axis Bank cuts MCLRs by 65-70 bps

* Says 1 year MCLR stands at 8.25% after review

* Says MCLRs with effect from 18 January 2017 Source text: [Axis Bank, India's third largest Private Sector bank reviews and reduces the MCLRs by 65-70 bps across tenors. The 1year MCLR stands at 8.25% after the review] Further company coverage:

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