Price Update8 Oct 2026, 08:17 am
Karur Vysya Bank Revises External Benchmark Rate - Repo Linked
AI Summary
Karur Vysya Bank Ltd has announced a revision in its External Benchmark Rate - Repo linked (EBR-R). Effective October 8, 2026, the EBR-R will be adjusted from 8.55% to 8.80%. This change is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The revision indicates a potential shift in the bank's lending rates and cost of funds, which could impact its net interest margins and loan book growth.
Key Highlights
- Karur Vysya Bank to revise its EBR-R.
- New rate of 8.80% effective October 8, 2026.
- Existing EBR-R stands at 8.55%.
- Revision is under SEBI LODR Regulations, 2015.
Price Impact
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