Indian Bank raises MCLR rates by 0.15 pc across tenors
Other MCLRs ranging from overnight to 6 months tenors have been raised by similar margins in the range of 6.75 to 7.40 per cent per annum.
TBLRs have been raised to 5-6.10 per cent for tenors of 3 months to three years, effecting change of 0.40-0.55 per cent.
Also, the revised base rate will be 8.70 per cent as against 8.30 per cent, while the BPLR will be priced at 12.95 per cent from 12.55 per cent.
The bank said it has not changed the other benchmark lending rates -- policy repo rate and Repo Benchmark Lending Rate (RBLR).
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