
Price Update7 Sept 2026, 03:12 pm
UCO Bank Revises Benchmark Rates Effective September 7, 2026
AI Summary
UCO Bank's Asset Liability Management Committee (ALCO) has reviewed and decided to revise certain benchmark rates, effective September 7, 2026. While MCLR rates remain unchanged, adjustments have been made to TBLR (6 month and 12 month) and G-Sec linked rates. Specifically, TBLR (6 month) increases to 5.55% from 5.50%, TBLR (12 month) to 5.70% from 5.65%, UCO G-Sec Rate (1 year) to 5.88% from 5.80%, and 10-year G-Sec Rate YTM % p.a. to 7.09% from 6.96%. Other benchmark rates including TBLR (3 month), Repo Linked Rates, Base Rate, and BPLR remain unchanged. These revisions are expected to impact lending and borrowing costs for specific tenors.
Key Highlights
- UCO Bank updates benchmark rates effective September 7, 2026.
- MCLR rates remain unchanged across all tenors.
- TBLR and G-Sec linked rates see minor upward revisions.
- Repo Linked Rate, Base Rate, and BPLR are unchanged.
Price Impact
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