Price Update18 Aug 2026, 06:40 pm
South Indian Bank Revises MCLR Rates Effective August 20, 2026
AI Summary
South Indian Bank Ltd has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR) applicable for various tenors. The new rates will be effective from August 20, 2026. The revised MCLR for overnight tenor is 8.15%, one-month at 8.50%, three-month at 9.20%, six-month at 9.25%, and one-year at 9.45%. This update is in compliance with SEBI's Listing Obligations and Disclosure Requirements and will also be hosted on the bank's official website.
Key Highlights
- MCLR rates revised effective August 20, 2026.
- Overnight MCLR set at 8.15%.
- One-year MCLR stands at 9.45%.
- Rates updated across multiple tenors.
- Information disclosed as per SEBI regulations.
Price Impact
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