UCO Bank Revises TBLR and Government Security Rates Effective August 7, 2026
UCO Bank's Asset Liability Management Committee (ALCO) reviewed and revised various benchmark rates, impacting indicators such as Term Business Loan Rate (TBLR) and government security yields. The changes are effective from August 7, 2026.The bank confirmed that there were no changes to its Marginal Cost of Lending Rate (MCLR). MCLR rates across different tenors remain stable:
| MCLR Tenor | Rate of MCLR | Change Status |
|---|---|---|
| Overnight | 7.90% | No change in the MCLR Rates |
| One month | 8.20% | No change in the MCLR Rates |
| Three month | 8.45% | No change in the MCLR Rates |
| Six month | 8.70% | No change in the MCLR Rates |
| One year | 8.80% | No change in the MCLR Rates |
Key Updates to Other Benchmark Rates
The bank updated several other benchmark rates, including TBLR (3 month) and G-Sec linked rates. These revised TBLR and G-Sec linked rates are effective as of August 7, 2026.A detailed comparison of the existing and new rates for various benchmarks is provided below:
| Benchmark | Existing Rate | New Rates (w.e.f. 07.08.2026) |
|---|---|---|
| TBLR (3 month) | 5.30% | 5.25% |
| TBLR (6 month) | 5.50% | 5.50% |
| TBLR (12 month) | 5.80% | 5.65% |
| UCO G-Sec Rate (1 year) | 5.57% | 5.80% |
| 10-year G-Sec Rate YTM % p.a. (Annualized) Par yield | 6.85% | 6.96% |
| Repo Linked Rate - UCO Float | 8.05% | 8.05% |
| Repo Linked Rate - UCO Prime | 5.25% | 5.25% |
| Base Rate | 9.60% | 9.60% |
| BPLR | 14.25% | 14.25% |
The bank noted that aside from the revised TBLR (3 and 12 month) and G-Sec linked rates, all other benchmark rates, including MCLR, TBLR (6 month), Repo Linked Rate, Base rate, and BPLR rate, remain unchanged.
UCOBANK Stock Price Movement
As of 11:57 AM, shares of UCO Bank are slipping in live trading, currently trading at ₹26.48 after shedding 0.60% or ₹0.16. The stock has seen a trade volume of approximately 1.16 million shares today.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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