ALPHA TRIBE

UCO BankImportant, 10-07-2025: Updates

10-07-2025 | 04:57 pm

UCO Bank has announced a board meeting to review the financial results for the quarter and half-year. The bank’s Asset Liability Management Committee has revised certain benchmark rates: TBLR rates for 3, 6, and 12 months have been lowered to 5.40%-5.50%, and the 1-year UCO G-Sec rate reduced slightly to 5.60%. The 10-year G-Sec yield increased to 6.44%. MCLR, Repo Linked Rates, Base Rate, and BPLR remain unchanged. These rate adjustments could impact lending and borrowing costs going forward.

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