The South Indian Bank Limited — Important, 18-07-2025: Updates
18-07-2025 | 05:08 pm
18-07-2025 | 05:08 pm
South Indian Bank has revised its Marginal Cost of Funds Based Lending Rates (MCLR). The new rates include Overnight MCLR at 7.60%, One-month at 8.25%, Three-month at 9.55%, Six-month at 9.60%, and One-year at 9.70%. This upward adjustment in lending rates is a key operational change. It is likely to support the bank's net interest margin, potentially boosting profitability. This development is important for investors tracking the bank's financial performance.
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