Indian Overseas Bank cuts 1-month MCLR by 10 bps to 8.20%, effective March 15

Indian Overseas Bank cut the one-month MCLR by 10 basis points to 8.20%, effective March 15, 2026. Q3 net profit rose 56.2% to ₹1,365 crore. Shares rose 0.86% to ₹33.85.

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