Karur Vysya Bank Ltd has informed BSE regarding "Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 -<BR>Revision in Marginal Cost of Funds Based Lending Rates (MCLR)".
KARURVYSYA · price
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Karur Vysya Bank has revised its Marginal Cost of Funds Based Lending Rates (MCLR) downwards with effect from May 22, 2026. The one-month MCLR saw the largest reduction of 45 basis points from 9.00% to 8.55%, while the overnight MCLR decreased by 20 basis points to 8.65%. The three-month and six-month MCLR each dropped by 15 basis points. Only the one-year MCLR remained unchanged at 9.15%. This is a routine regulatory disclosure filed under SEBI (LODR) Regulations.
The MCLR reduction could make loans more affordable for borrowers and may impact the bank's net interest margin in the near term. However, this is a standard banking disclosure and unlikely to have significant short-term impact on the stock price.