Kotak Mahindra Bank Trims 1-Year MCLR to 8.75%: Borrowers Set to Cheer from July 16

Unknown Apr 02, 2026 700 Views

Kotak Mahindra Bank cut its one-year Marginal Cost of Funds Based Lending Rate (MCLR) to 8.75% from July 16, 2025. This is one of the broader interest rate reductions in the banking sector and is a move towards making loans more affordable to customers as well as stimulating credit growth in the...