
Price Update1 Aug 2026, 07:20 pm
Indian Bank Revises Benchmark Lending Rates
AI Summary
Indian Bank's Asset Liability Management Committee (ALCO) has decided to revise its Treasury Bills Linked Lending Rate (TBLR). The rates for tenors greater than 3 months and up to 1 year have been reduced. Specifically, the TBLR for tenors between >3 months & <=6 months is now 5.50% (down from 5.55%), and for tenors between >6 months & <=1 year, it is 5.65% (down from 5.85%). Rates for <=3 months tenor remain unchanged at 5.30%. Rates for >1 year & <=3 Years have also been revised to 5.65%. The revised TBLR is effective from August 3, 2026. Marginal Cost of funds based Lending Rate (MCLR), Base Rate, and Benchmark Prime Lending Rate (BPLR) remain unchanged.
Key Highlights
- Indian Bank revises TBLR effective August 3, 2026.
- Rates reduced for tenors >3 months up to 1 year.
- MCLR, Base Rate, and BPLR remain unchanged.
- TBLR for >1 year & <=3 Years also revised to 5.65%.
Price Impact
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