Punjab National Bank — Important, 30-06-2025: General Updates

Punjab National Bank has announced a board meeting to discuss the financial results for the quarter and half-year. The bank has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) across all tenors by about 0.05%, with the one-year MCLR now at 8.90%. The Repo Linked Lending Rate remains steady at 8.35%, with a lowered Base Spread Premium of 0.10%. The base rate stays unchanged at 9.50%. This slight easing in lending rates could support loan growth and improve credit demand.