Price Update2 Jul 2026, 08:31 pm
Indian Bank Revises TBLR Rates, MCLR/Base Rate Unchanged
AI Summary
Indian Bank's Asset Liability Management Committee (ALCO) has revised its Treasury Bills Linked Lending Rate (TBLR). The TBLR for tenors of <= 3 months has been reduced from 5.35% to 5.30%. For tenors between >6 months and <=1 year, and >1 year to <=3 Years, the TBLR has been increased from 5.75% to 5.85%. Rates for tenors >3 months &<=6 months remain unchanged at 5.55%. The Marginal Cost of Funds based Lending Rate (MCLR), Base Rate, and Benchmark Prime Lending Rate (BPLR) have been kept unchanged. The revised TBLR rates are effective from July 3, 2026.
Key Highlights
- Indian Bank revises TBLR rates effective July 3, 2026.
- TBLR for <= 3 months tenor reduced to 5.30% from 5.35%.
- TBLR for longer tenors (>6 months) increased to 5.85%.
- MCLR, Base Rate, and BPLR remain unchanged.
- Revision follows ALCO committee review as per SEBI regulations.
Price Impact
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