Punjab National Bank has informed the Exchange about General Updates
PNB · price
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Awaiting price reaction for this filing.
Punjab National Bank has informed the stock exchanges that its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenors will remain unchanged with effect from 01 January 2026. The overnight MCLR stays at 7.95%, one-month at 8.20%, three-month at 8.40%, six-month at 8.60%, one-year at 8.60%, and three-year at 8.75%, matching the rates effective from 01 December 2025. Additionally, the Repo Linked Lending Rate (RLLR) remains at 8.10% (including a BSP of 0.10%) and the Base Rate stays at 9.50%. This is a routine quarterly review with no revisions in any benchmark lending rate.
No direct impact on shareholders as lending rates remain unchanged, meaning existing borrowers' EMIs and the bank's interest spread continue at current levels. This signals stability in PNB's rate structure heading into 2026 but offers no new catalyst for the stock.