January 14, 2020 / 5:55 AM / 5 days ago

CORRECTED(OFFICIAL)-BRIEF-Allahabad Bank Cuts 1-mnth MCLR By 5 BPS (Jan. 13)

(Corrects headline and second bullet of Jan. 13 brief to say MCLR is cut for only 1-month tenor)

Jan 13 (Reuters) - Allahabad Bank:

* DECIDED A DOWNWARD REVISION OF MCLR BY 05 BASIS POINTS FOR ONE MONTH MCLR TENOR

* REVISES DOWN MCLR BY 05 BASIS POINTS FOR ONE MONTH TENOR Source text : bit.ly/373m7Na Further company coverage:

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