Karur Vysya Bank Limited has informed the Exchange regarding 'Revision in Marginal Cost of Funds Based Lending Rates (MCLR)'.
KARURVYSYA · price
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Karur Vysya Bank has announced an upward revision in its Marginal Cost of Funds Based Lending Rates (MCLR) effective April 22, 2026. The bank has raised all MCLR tenors by 5 basis points across the board. Overnight MCLR increases from 8.80% to 8.85%, while one-month and three-month MCLR both rise from 8.95% to 9.00%. The six-month and one-year MCLR are revised upward from 9.10% to 9.15%. This is a routine regulatory disclosure under SEBI (LODR) Regulations, 2015, and applies to all loan products linked to MCLR.
Existing borrowers with MCLR-linked loans will see a marginal increase in their interest burden, while new loans will be priced slightly higher. This rate revision signals the bank's intent to maintain net interest margins in a rising cost environment, which could be modestly positive for profitability.