Karur Vysya Bank revises BPLR, MCLR and Base rate

Shital Jibhe / 07 Jun 2017

Karur Vysya Bank revises BPLR, MCLR and Base rate

On Tuesday, Karur Vysya Bank, informed the bourses regarding revision in Marginal cost of Funds Based Lending Rates (MCLR), Base Rate and BPLR of the bank with effect from June 7, 2017.

On Tuesday, Karur Vysya Bank, informed the bourses regarding revision in Marginal cost of Funds Based Lending Rates (MCLR), Base Rate and BPLR of the bank with effect from June 7, 2017. The Karur Vysya Bank Limited is engaged in providing banking and financial services, including commercial banking and treasury operations.
 
Following is the revised MCLR applicable for various tenors:
 
Tenor                   MCLR
Overnight   MCLR   8.95%
One   month MCLR   8.95%
Three   month MCLR   8.95%
Six   month MCLR   9.15%
One   year MCLR   9.35%
 
 
Following is the revised Base Rate and BPLR:
 
Base   Rate   10.10%
BPLR           15.10%
 
 
Meanwhile, at Rs 128.80 per share, Karur Vysya Bank was up by 0.6%  at 1032 hours IST on BSE. It touched a high of Rs 130 and a low of Rs 128.30 so far during the morning trading session.

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