Business Update10 Apr 2025, 12:50 am
Punjab National Bank Revises Repo Linked Lending Rate to 8.85%
AI Summary
Punjab National Bank has announced a revision in its Repo Linked Lending Rate (RLLR) from 9.10% to 8.85% with effect from 10.04.2025. The change includes a Bank Supervision and Policy (BSP) of 20 basis points. However, there is no change in the existing Marginal Cost of Funds based Lending Rate (MCLR) and Base rate.
Key Highlights
- Punjab National Bank revises RLLR to 8.85% with effect from 10.04.2025
- The revision includes a BSP of 20 basis points
- No change in MCLR and Base rate