Price Update31 Jul 2026, 07:11 pm
PNB Maintains MCLR and RLLR Rates Unchanged
AI Summary
Punjab National Bank (PNB) has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged effective August 1, 2026. The existing MCLR rates, which were set to be effective from July 1, 2026, will continue. This includes rates for tenors ranging from overnight to one year. Additionally, the Repo Linked Lending Rate (RLLR) at 8.10% and the Base Rate at 9.50% also remain unchanged. This decision indicates stability in the bank's lending benchmarks.
Key Highlights
- PNB's MCLR rates remain unchanged from August 1, 2026.
- Existing MCLR rates for all tenors will continue.
- RLLR and Base Rate also remain static.
- This signals stability in PNB's lending benchmarks.
Price Impact
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