Punjab National Bank has informed the Exchange about Change in Interest Rate
PNB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Punjab National Bank has informed the exchanges that its Marginal Cost of Funds Based Lending Rates (MCLR) across all tenors (Overnight to multi-year) will remain unchanged effective 01.03.2026. The rates stay the same as the existing rates effective 01.02.2026, ranging from 7.95% (Overnight) to 9.05% (multi-year). The Repo Linked Lending Rate (RLLR) at 8.10% and Base Rate at 9.50% also remain unchanged. This is a routine quarterly review of lending benchmark rates by the bank.
No material impact on shareholders or stock price as rates were already at these levels. The unchanged MCLR means existing borrowers on MCLR-linked loans will see no change in their interest outgo, and new borrowers will be priced at the same rates as the prior month.