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Punjab & Sind Bank reviews MCLR, Base Rate and BPLR rates

Capital Market 

With effect from 07 October 2017

& Sind announced the revision in Marginal Cost of Fund Based Lending Rate (MCLR) for different tenors and the same will be effective from 7 October, 2017 -

Overnight 8.00%
One month 8.05%
Three month 8.20%

Six month 8.20%
One Year 8.45%
Three Year 8.90%

The Base Rate has been kept unchanged at 9.70% and BPLR at 14%.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, October 07 2017. 15:04 IST
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