Date: October 7, 2026
Board Meeting Outcomes
Indian Bank has revised its benchmark lending rates in response to the Reserve Bank of India's Monetary Policy Committee decision to increase the Policy Repo Rate by 25 basis points. The specific changes are:
- Policy Repo Rate for Loans linked to REPO (for New and Existing Loans): Increased from 5.25% to 5.50%
- Repo Linked Benchmark Lending Rates (RBLR): Increased from 7.95% to 8.20%
The revised rates are effective from October 8, 2026, and will remain in effect until the next review.
Other Operational / Legal / Strategic Disclosures
The bank confirms that other benchmark rates communicated through their previous letter No. ISC/388/2026-27 dated October 1, 2026, remain unchanged despite this repo-linked rate revision.
This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Signature and Authentication
The announcement is digitally signed by Dina Nath Kumar, AGM & Company Secretary of Indian Bank, from the Investor Services Cell in Tamil Nadu (postal code: 600014).