The Karur Vysya Bank revises MCLR from March 7, 2022

The Marginal Cost of Funds Based Lending Rates (MCLR), Base Rate and Benchmark Prime Lending Rate (BPLR) of The Karur Vysya Bank Ltd would be revised as below.

The below changes in MCLR is effective from March 7, 2022.

Overnight MCLR will be increased from 7.45% to 7.60%
One Month MCLR will be increased from 7.60% to 7.75%
Three Month MCLR will be increased from 7.75% to 7.90%
Six Month MCLR will be increased from 8.10% to 8.25%
One Year MCLR will be increased from 8.20% to 8.35%

The base rate will be revised from existing 7.75% to 8.35% and BPLR from existing 12.75% to 13.35%. The changes in base rate and BPLR are effective from March 14, 2022.

Shares of Karur Vysya Bank Limited was last trading in BSE at Rs. 46.05 as compared to the previous close of Rs. 46.90. The total number of shares traded during the day was 292184 in over 1528 trades.

The stock hit an intraday high of Rs. 47.10 and intraday low of 44.45. The net turnover during the day was Rs. 13470519.00.

Source : Equity Bulls

Keywords

KarurVysyaBank INE036D01028 MCLR BaseRate BenchmarkPrimeLendingRate Revision