UCO Bank has informed the Exchange regarding 'Interest Rate Updates w.e.f. 11.01.2026'.
UCOBANK · price
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Awaiting price reaction for this filing.
UCO Bank's Asset Liability Management Committee (ALCO) has revised its benchmark lending rates effective 11 January 2026. MCLR rates have been cut by 5 basis points across all tenors — Overnight from 7.95% to 7.90%, One-month from 8.20% to 8.15%, Three-month from 8.45% to 8.40%, Six-month from 8.70% to 8.65%, and One-year from 8.80% to 8.75%. TBLR (Term Benchmark Lending Rate) has also been reduced by 5–10 basis points across 3-month, 6-month, and 12-month tenors. The 10-year G-Sec benchmark yield rose from 6.66% to 6.78%. Other rates including Base Rate (9.60%), BPLR (14.25%), Repo Linked Rates, and 1-year G-Sec Rate remain unchanged.
A marginal 5 bps cut in MCLR may slightly ease borrowing costs for new loan customers, but could also put mild pressure on the bank's net interest margins. The impact on the stock is expected to be limited given the small size of the rate revision.