UCO Bank — Important, 10-03-2025: General Updates

UCO Bank's Asset Liability Management Committee (ALCO) has revised the Treasury Bill Linked Lending Rate (TBLR) and introduced updated rates for the G-Sec linked UCO G-Sec (1 year). The new TBLR rates effective from 10.03.2025 are set at 6.45% for 3 months, 6.55% for both 6 months and 12 months, while the G-Sec linked rate is 6.63%. The Marginal Cost of Funds based Lending Rate (MCLR) remains unchanged across various tenors, with the one-year MCLR at 9.10%. The Repo Linked Rate is now 9.05%, and the Base Rate stands at 9.60%. These adjustments may enhance the bank's competitiveness and attract more borrowers, presenting potential growth opportunities for UCO Bank going forward.