BSELowNeutral
Announced Sat, 31 May · 21:59 IST
Change in Interest Rates
Business Updates View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Punjab National Bank (PNB) has informed stock exchanges that its Marginal Cost of Funds Based Lending Rates (MCLR) remain unchanged across all tenors effective June 1, 2025. The overnight rate stays at 8.25%, one-month at 8.40%, three-month at 8.60%, six-month at 8.80%, one-year at 8.95%, and three-year at 9.25%. The RLLR also remains unchanged at 8.85% (including a BSP of 20bps) and the Base Rate stays at 9.50%. This is a routine quarterly update with no actual rate revision.
Likely market impact
No direct impact on shareholders or stock price as lending benchmark rates remain unchanged. This is a standard regulatory disclosure confirming status quo on PNB's internal lending rates.