Tenor-wise MCLR Overnight - 6.95% One month - 7.05% Three month - 7.60% Six month - 7.60% One year - 7.65% Two year - 7.70% Three year - 7.70%
The Bank has revised the Repo Linked Lending Rate to 8.25% (i.e. 5.40% + 2.85%) with effect from 10 August 2022.
The Bank has reduced the Benchmark Prime Lending Rate of the Bank by 200 basis points from existing 15.50% to 13.50% with effect from 10 August 2022.