Announced Sat, 18 Jul · 19:33 IST
KVB raises MCLR across most tenors; one-year rate up 10 bps to 9.35 percent
Business Updates View source PDF
KARURVYSYA · price
▲ 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
+10.5%1-day move
₹308.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.5+9.8+9.7+10.0+10.2—————
Up moveDown movePending
AI summary
Karur Vysya Bank has revised its Marginal Cost of Funds Based Lending Rates (MCLR) effective 22nd July 2026. Overnight MCLR rose 10 basis points to 8.85 percent, one-month to 8.75 percent, six-month to 9.15 percent, and one-year to 9.35 percent. Three-month MCLR is unchanged at 8.95 percent. Higher lending benchmark rates may improve the bank net interest margins but could raise borrowing costs for customers and slow loan demand.
Likely market impact
Higher lending rates may lift net interest margins but raise borrowing costs for customers, potentially softening loan growth.