
Price Update10 Jun 2026, 03:41 pm
UCO Bank Revises Benchmark Rates Effective June 10, 2026
AI Summary
UCO Bank's Asset Liability Management Committee (ALCO) has reviewed and revised certain benchmark rates effective June 10, 2026. While the Marginal Cost of Funds Based Lending Rate (MCLR) and Repo Linked Rates remain unchanged, the bank has increased its TBLR (3-month, 6-month, and 12-month) and G-Sec Linked Rates. Specifically, TBLR (3-month) increased by 0.10% to 5.40%, TBLR (6-month) by 0.10% to 5.60%, and TBLR (12-month) by 0.15% to 5.75%. The UCO G-Sec Rate (1-year) has been revised to 6.00% from 5.74%. The 10-year G-Sec Rate YTM also saw a slight decrease to 7.11% from 7.21%. Other rates like Base Rate and BPLR remain static.
Key Highlights
- UCO Bank revises TBLR and G-Sec Linked Rates effective June 10, 2026.
- MCLR, Repo Linked Rates, Base Rate, and BPLR remain unchanged.
- TBLR rates increase by up to 0.15% across tenors.
- UCO G-Sec Rate (1-year) revised upwards to 6.00%.
Price Impact
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