Karur Vysya Bank Revises Marginal Cost of Funds Based Lending Rates (MCLR)
Karur Vysya Bank Limited (KVB) has announced a revision to its Marginal Cost of Funds Based Lending Rates (MCLR). The updated rates will become effective starting August 22, 2026.The bank provided details regarding the changes across various lending periods. The revisions cover MCLR rates for overnight and short to medium-term loans, as detailed below:
| Nature of ROI | Existing Rate | Revised Rate |
|---|---|---|
| Overnight MCLR | 8.85% | 9.00% |
| One-month MCLR | 8.75% | 9.00% |
| Three-month MCLR | 8.95% | 9.15% |
| Six-month MCLR | 9.15% | 9.30% |
| One-year MCLR | 9.35% | 9.40% |
KARURVYSYA Stock Price Movement
On Friday, shares of Karur Vysya Bank Limited edged higher, closing at ₹335.55 after gaining 0.43%. The stock traded with a volume of 163,466 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.
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