Punjab National Bank — Important, 30-04-2025: General Updates

PNB has updated its Marginal Cost of Funds Based Lending Rate (MCLR) with new rates set for various tenures: Overnight at 8.40%, One month at 8.50%, Three month at 8.70%, Six month at 8.90%, One year at 9.05%, and Three years at 9.35%. The Repo Linked Lending Rate (RLLR) remains unchanged at 8.85%, as does the Base Rate at 9.50%. This adjustment could influence lending costs and borrowing demand, impacting overall market dynamics.