The South Indian Bank revises MCLR from Feb 20, 2022

The South Indian Bank Limited has revised the Marginal Cost of Funds Based Lending Rates (MCLR) applicable for multiple tenors w.e.f 20th February 2022 as follows:

Overnight MCLR - 7.70%
One-month MCLR - 7.75%
Three-month MCLR - 7.80%
Six month MCLR - 7.90%
One year MCLR - 8.15%

Shares of The South Indian Bank Limited was last trading in BSE at Rs. 8.55 as compared to the previous close of Rs. 8.63. The total number of shares traded during the day was 1078594 in over 8487 trades.

The stock hit an intraday high of Rs. 8.64 and intraday low of 8.52. The net turnover during the day was Rs. 9240515.00.

Source : Equity Bulls

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TheSouthIndianBank INE683A01023 MCLR Revision Feb202022