UCO Bank Updates Benchmark Rates: TBLR and G-Sec Rates Revise as of June 10, 2026
UCO Bank has announced revisions to several of its benchmark rates following a review by the Asset Liability Management Committee (ALCO). The updates affect various benchmarks, while key parameters like MCLR, Repo Linked Rate, Base Rate, and BPLR remain unchanged. These revised TBLR Linked Rates and G-Sec Linked rates are effective from June 10, 2026.The bank provided detailed information regarding the stability of its Micro and Small Business Loan (MCLR) rates, alongside updates to other key financial metrics.
MCLR Benchmarks Status
As per the ALCO review, all MCLR rates remain unchanged as of the effective date. The details for these benchmarks are presented below:| MCLR Tenor | MCLR Rate w.e.f. 10.06.2026 |
|---|---|
| Overnight | 7.90% |
| One month | 8.15% |
| Three month | 8.40% |
| Six month | 8.65% |
| One year | 8.75% |
Changes in Other Benchmark Rates
The update included changes to TBLR (Term Business Loan Rate) and Government Security (G-Sec) rates, while several other critical rates held steady. The comprehensive comparison of existing versus new benchmark rates is provided below:| Benchmark | Existing Rate | New Rates (w.e.f. 10.06.2026) |
|---|---|---|
| TBLR (3 month) | 5.30% | 5.40% |
| TBLR (6 month) | 5.50% | 5.60% |
| TBLR (12 month) | 5.60% | 5.75% |
| UCO G-Sec Rate (1 year) | 5.74% | 6.00% |
| 10-year G-Sec Rate YTM % p.a. (Annualized) Par yield | 7.21% | 7.11% |
| 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 ALCO confirmed that the revised TBLR Linked Rates (3 month, 6 month and 12 month) and G-Sec Linked rates are effective immediately. The bank noted that MCLR, Repo Linked Rate, Base rate, and BPLR rate remained unchanged across all listed benchmarks.
UCOBANK Stock Price Movement
Today, UCO Bank shares slipped by 1.23% to settle at ₹25.75 after a period of trading activity. The bank's stock saw high volume in the post-market session, with approximately 8.1 million shares being traded throughout the day.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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