Karur Vysya Bank cuts MCLR by 20 bps across all tenors

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KARURVYSYA · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹359.00

prior close

₹359.65

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%-0.1% vs market

Private Sector Bank peers, median of 19sector-0.2%-0.9% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Smallcap 250 and 0.9 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

-0.1

15m

-0.2

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-1.1-0.1-0.2-0.9

Next day

-6.2-3.9-2.4-3.1-3.1

-5.8-2.8-3.0-3.9-1.9

-2.3-0.6-1.6-3.1+0.8

-2.5pendingpending-2.3-0.1

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Karur Vysya Bank has revised its MCLR downward by 20 basis points across all tenors effective 22nd October 2026. Overnight and one-month MCLR fall to 8.85 percent from 9.05 percent, three-month to 9.00 percent from 9.20 percent, six-month to 9.15 percent from 9.35 percent, and one-year to 9.25 percent from 9.45 percent.

Likely market impact

Cheaper loans may support loan growth, but margins could face short-term pressure.