StockWatch
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Private Sector Bank
Price Update7 Oct 2026, 06:01 pm

Tamilnad Mercantile Bank Revises RLLR to 8.50%

AI Summary

Tamilnad Mercantile Bank Limited has announced a revision in its Repo Linked Lending Rate (RLLR). Effective October 8, 2026, the RLLR will be increased from 8.25% to 8.50%. This adjustment is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank has informed the stock exchange about this change, which will impact its lending rates.

Key Highlights

  • RLLR revised from 8.25% to 8.50%.
  • Revision effective from October 8, 2026.
  • Informs stock exchange as per SEBI regulations.
  • Impacts the bank's lending rates.