Punjab National Bank — Important, 09-04-2025: Updates

The Bank has revised its Reference Linked Lending Rate (RLLR) from 9.10% to 8.85%, effective from 10.04.2025. This change includes a Bank Specific Premium (BSP) of 20bps. However, there are no adjustments to the existing Marginal Cost of Funds based Lending Rate (MCLR) or the base rate. This reduction in RLLR may enhance borrowing affordability for customers, potentially boosting loan demand and operational revenues for the Bank. Investors should monitor the impact of this adjustment on the bank's interest income and overall market competitiveness.