Indian Bank Revises Repo Rate by 25 bps to 5.50%

Indian Bank has announced a revision in its benchmark Repo Rate, increasing it by 25 basis points (bps) from 5.25% to 5.50%. This adjustment aligns with the Reserve Bank of India's Monetary Policy Committee's decision to raise the Policy Repo Rate. The new Repo Linked Benchmark Lending Rates (RBLR) will be 8.20%, up from 7.95%. These revised rates are effective from October 8, 2026, until the next review. Other benchmark rates remain unchanged.