Price Update2 May 2026, 07:51 pm
Indian Bank Revises TBLR, Effective May 3, 2026
AI Summary
Indian Bank's Asset Liability Management Committee (ALCO) has revised its Treasury Bills Linked Lending Rates (TBLR). The revised TBLR will be effective from May 3, 2026. The Marginal Cost of funds based Lending Rate (MCLR), Base Rate, Benchmark Prime Lending Rate (BPLR), Policy Repo Rate and RBLR remain unchanged.
Key Highlights
- TBLR revised for tenors up to 6 months, effective May 3, 2026.
- MCLR, Base Rate, BPLR remain unchanged.
- Overnight MCLR at 7.90%, 1 Year MCLR at 8.75%.
Price Impact
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