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PUNJAB & SIND BANK - Announcement under Regulation 30 (LODR)-Interest Rates Updates


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16 Jan 2021
We hereby inform that as per the Guidelines of Reserve Bank of India, our Bank has reviewed the Marginal Cost of Fund Based Lending Rate (MCLR) for different tenors and the same will be effective from 16.01.2021<BR> <BR> <BR> S.No. Tenor MCLR (%) w.e.f. 16.01.2021<BR> 1. Overnight MCLR 7.15<BR> 2. One month MCLR 7.30<BR> 3. Three month MCLR 7.45<BR> 4. Six month MCLR 7.55<BR> 5. One Year MCLR 7.65<BR> <BR> Further ALCO has decided to keep the existing Base rate and BPLR unchanged at 9.70% & 14.00% respectively.<BR> <BR> We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.<BR>

Source: BSE India

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