Date: 02.07.2026
Subject: Revision in Benchmark Rates
This regulatory disclosure, issued in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informs of a review and revision of benchmark lending rates by the Bank's Asset Liability Management Committee (ALCO).
Treasury Bills Linked Lending Rates (TBLR) Revision
The ALCO decided to revise the TBLR for certain tenors, effective from 03.07.2026:
- Tenor: <= 3 months: Revised to 5.30% from an existing rate of 5.35%.
- Tenor: >3 months &<=6 months: Remains unchanged at 5.55%.
- Tenor: >6 months &<=1 year: Revised to 5.85% from an existing rate of 5.75%.
- Tenor: >1 year &<= 3 Years: Revised to 5.85% from an existing rate of 5.75%.
Unchanged Benchmark Rates
The following benchmark rates were reviewed but remain unchanged:
Marginal Cost of funds based Lending Rate (MCLR)
- Overnight: 7.90%
- 1 month: 8.20%
- 3 months: 8.50%
- 6 months: 8.75%
- 1 Year: 8.85%
Base Rate and Benchmark Prime Lending Rate (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%