INDIANBNSEIndian Bank· BanksMediumNeutral
Announced Thu, 2 Apr · 15:44 IST

Indian Bank has informed the Exchange about Revision in Benchmark Rates

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INDIANB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.5%1-day move
₹870.00
prior close
₹876.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.6+1.4+3.1+3.5+10.0+8.2+11.5+11.1+7.8+3.3-0.4-3.4-9.5
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AI summary

Indian Bank's Asset Liability Management Committee (ALCO) has reviewed various lending rates and revised only the Treasury Bills Linked Lending Rate (TBLR). The revision applies to the shortest tenor (≤3 months), reduced from 5.35% to 5.30% — a 5 basis point decrease effective 03.04.2026. All other benchmarks including MCLR, Base Rate, BPLR, Policy Repo Rate, and RBLR remain unchanged. MCLR ranges from 7.90% (overnight) to 8.75% (1 year), with Base Rate at 9.55% and BPLR at 13.80%.

Likely market impact

This is a routine operational disclosure with minimal impact. The small rate cut for short-term loans may slightly affect interest income but does not indicate any financial stress or major policy shift for the bank.