Quarterly Result30 March 2026 at 02:01 pm
Bank of India Maintains MCLR and RBLR, Alters Base Rate and Fixed Rate Spread
AI Summary
Bank of India has announced no changes to the Marginal Cost of Fund based Lending Rate (MCLR) and Repo Based Lending Rate (RBLR) effective from 01.04.2026. However, there are adjustments in Fixed Rate Spread and Base Rate. The Base Rate has decreased from 10% to 9.50% per annum between 01.04.2026 and 30.06.2026. Additionally, the Fixed Rate Spread has been modified for tenors above 1 year, 2 years, 3 years, 4 years, and above 5 years with an added Tenor Interest Premium and CRP.
Key Highlights
- Bank of India keeps MCLR and RBLR unchanged from 01.04.2026
- Base Rate decreases from 10% to 9.50% per annum between 01.04.2026 and 30.06.2026
- Fixed Rate Spread modifications for tenors above 1 year, 2 years, 3 years, 4 years, and above 5 years
- Tenor Interest Premium and CRP added to Fixed Rate Spread
- Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, followed
BANKINDIAPublic Sector Bank
BANK OF INDIAPrice Impact