Indian Bank Revisions Key Lending Rate Benchmarks Including TBLR and MCLR
Indian Bank has revised several key benchmark rates for its lending products, including the Treasury Bills Linked Lending Rates (TBLR), Marginal Cost of Funds based Lending Rate (MCLR), Base Rate, and Benchmark Prime Lending Rate (BPLR). The changes are effective from August 3, 2026.The adjustments were made following a review by the Bank’s Asset Liability Management Committee (ALCO) to ensure updated rates across various loan tenors.
Revised Treasury Bills Linked Lending Rates (TBLR)
The TBLR revisions address lending facilities based on tenure, showing decreases in some categories. The revised TBLR details are as follows:| Sl. No. | Tenor | Existing Rate (%) | Revised Rate (%) |
|---|---|---|---|
| 1 | <= 3 months | 5.30% | 5.30% |
| 2 | >3 months &<=6 months | 5.55% | 5.50% |
| 3 | >6 months &<= 1 year | 5.85% | 5.65% |
| 4 | >1 year &<= 3 Years | 5.85% | 5.65% |
Marginal Cost of Funds based Lending Rate (MCLR)
The MCLR rates have been set for various tenors, which determine the costs associated with lending products:| Sl. No. | Tenor | Rate (%) |
|---|---|---|
| 1 | Overnight | 7.90% |
| 2 | 1 month | 8.20% |
| 3 | 3 months | 8.50% |
| 4 | 6 months | 8.75% |
| 5 | 1 Year | 8.85% |
Base Rate and Benchmark Prime Lending Rate (BPLR)
The Bank has also specified the rates for its core lending benchmarks:| Sl. No. | Benchmark | Rate (%) |
|---|---|---|
| 1 | Base Rate | 9.55% |
| 2 | Benchmark Prime Lending Rate (BPLR) | 13.80% |
Other Benchmark Rates
Other benchmark rates, including the Policy Repo Rate and Repo Linked Benchmark Lending Rates (RBLR), have been set as part of this revision:| Sl. No. | Benchmark | Rate (%) |
|---|---|---|
| 1 | Policy Repo Rate | 5.25% |
| 2 | Repo Linked Benchmark Lending Rates (RBLR) | 7.95% |
INDIANB Stock Price Movement
On Friday, Indian Bank shares edged higher, gaining 0.83% to settle at ₹836.50 per share. The stock closed with high interest, recording a traded volume of 1.31 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.