AXIS BANK LTD. - AXIS Bank revises MCLR to transmit Policy rate reduction

AXIS Bank Ltd has informed BSE that the Bank has reduced its MCLR by 15 bps across all tenors. This follows the reduction in Policy rates by RBI on April 05, 2016. The reduced MCLRs will be effective from April 18, 2016.<BR><BR>The Bank has submitted to BSE a copy of the press release in this regard.