Corporate News     15-Jul-21
Punjab & Sind Bank announces MCLRs effective from 16 July
Punjab & Sind Bank announced that the Marginal Cost of Fund Based Lending Rate for different tenors and the same will be effective from 16 July 2021.

Overnight - 6.90%
One month - 7.00%
Three month - 7.10%
Six month - 7.25%
One year - 7.50%

Further the ALCO has also resolved to keep the existing rate of Base Rate unchanged at 9.70% and BPLR at 14.00%.

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