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Friday, 1 April 2016

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ICICI Bank announces Marginal Cost of funds based Lending Rate 

ICICI Bank announces the introduction of the following ICICI Bank MCLR benchmarks.

Interest rate on all rupee loans sanctioned and credit limits renewed w.e.f. April 1, 2016 will be priced with reference to I-MCLR benchmarks.
ICICI Bank Ltd ended at Rs. 236.55, down by Rs. 0.9 or 0.38% from its previous closing of Rs. 237.45 on the BSE.

The stock traded above its 200 DMA.

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