Karur Vysya Bank Revises MCLR Rates Effective May 22, 2026
Karur Vysya Bank Limited announced a revision to its Marginal Cost of Funds Based Lending Rates (MCLR), effective May 22, 2026. The adjustment covers multiple tenures, spanning from overnight to one-year lending periods, impacting the bank's lending structure.The bank detailed the revised rates across five different tenures. The changes reflect specific percentage adjustments for Overnight MCLR, One-month MCLR, Three-month MCLR, Six-month MCLR, and One-year MCLR.
The comparison of existing and revised MCLR rates is as follows:
| Nature of ROI | Existing Rate | Revised Rate |
|---|---|---|
| Overnight MCLR | 8.85% | 8.65% |
| One-month MCLR | 9.00% | 8.55% |
| Three-month MCLR | 9.00% | 8.85% |
| Six-month MCLR | 9.15% | 9.00% |
| One-year MCLR | 9.15% | 9.15% |
KARURVYSYA Stock Price Movement
Karur Vysya Bank Limited shares slipped by 2.30% today, settling at ₹286.50 in after-hours trading. The equity shed ₹6.75 on the session, marked by robust volume hitting 2.20 million shares.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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