NSEUpdates19 Jun 2026 · 19 Jun 2026, 07:13 pm
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Karur Vysya Bank Limited · KARURVYSYA
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Karur Vysya Bank Limited has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR), Base Rate, and BPLR, effective from June 22, 2026. The bank increased its MCLR across all tenors by 10 basis points (bps). For instance, the Overnight MCLR will rise from 8.65% to 8.75%, and the One-year MCLR from 9.15% to 9.25%. This upward adjustment in lending rates is typically seen as positive for the bank's financial performance, potentially leading to improved Net Interest Margins (NIMs) on new and repriced loans.
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Karur Vysya Bank Limited has informed the Exchange regarding 'Revision in Marginal Cost of Funds Based Lending Rates (MCLR), Base Rate and BPLR'.
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Classification | REGULATORS
IRC: F48: 80: 185: 2026 June 19, 2026
The Manager, The Manager,
National Stock Exchange of India Ltd, BSE Limited,
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers,
Plot No. C-1, ‘G’ Block, Dalal Street,
Bandra- Kurla Complex, Mumbai – 400001
Bandra (East), Mumbai – 400051
Scrip Code: KARURVYSYA Scrip Code: 590003
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 -
Revision in Marginal Cost of Funds Based Lending Rates (MCLR),
Base Rate and BPLR
*****
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended, we advise that Marginal Cost
of Funds Based Lending Rates (MCLR), Base Rate and BPLR of the Bank
would be revised with effect from June 22, 2026, as detailed below:
Nature of ROI Existing Revised
Overnight MCLR 8.65% 8.75%
One-month MCLR 8.55% 8.65%
Three-month MCLR 8.85% 8.95%
Six-month MCLR 9.00% 9.10%
One-year MCLR 9.15% 9.25%
Nature of ROI Existing Revised
Base Rate 10.50% 11.00%
Nature of ROI Existing Revised
BPLR 15.50% 16.00%
Kindly take the same on record.
Yours faithfully,
Srinivasarao Maddirala
Company Secretary &
Compliance Officer