Date: August 1, 2026
Board Meeting Outcomes
The Asset Liability Management Committee (ALCO) of Indian Bank reviewed and decided to revise the Treasury Bills Linked Lending Rates (TBLR) while keeping other benchmark rates unchanged.
Rate Revision Details
Treasury Bills Linked Lending Rates (TBLR) Revision:
- Tenor >3 months &≤6 months: Reduced from 5.55% to 5.50% (5 basis point reduction)
- Tenor >6 months &≤1 year: Reduced from 5.85% to 5.65% (20 basis point reduction)
- Tenor >1 year &≤3 Years: Reduced from 5.85% to 5.65% (20 basis point reduction)
- Tenor ≤3 months: Unchanged at 5.30%
Effective date for revised TBLR: August 3, 2026
Unchanged Benchmark Rates:
MCLR (Marginal Cost of funds based Lending Rate):
- Overnight: 7.90%
- 1 month: 8.20%
- 3 months: 8.50%
- 6 months: 8.75%
- 1 Year: 8.85%
Base Rate and BPLR:
- Base Rate: 9.55%
- Benchmark Prime Lending Rate (BPLR): 13.80%
Other Benchmark Rates:
- Policy Repo Rate: 5.25%
- Repo Linked Benchmark Lending Rates (RBLR): 7.95%