UCO Bank — Important, 07-08-2025: Updates
07-08-2025 | 06:54 pm
07-08-2025 | 06:54 pm
UCO Bank has revised its benchmark rates. The Asset Liability Management Committee adjusted various rates, leading to an increase across all MCLR tenors; for instance, the One-year MCLR is now 8.95%. The 3-month TBLR saw a slight decrease to 5.35%, while the 12-month TBLR increased to 5.55%. The 1-year UCO G-Sec rate moved to 5.64%, and the 10-year G-Sec YTM to 6.51%. Other key rates like Repo Linked Rates, Base Rate, and BPLR remain unchanged. This shift will impact borrowing costs for customers.
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