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Punjab & Sind Bank - Announcement under Regulation 30 (LODR)-Interest Rates Updates

| Updated on October 16, 2018 Published on October 16, 2018

Punjab & Sind Bank - Declaration of Marginal Cost of Funds Based Lending
Rate (MCLR) w.e.f. 16.10.2018 - Compliance of Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015

We hereby inform that as per the Guidelines of Reserve Bank of India, our Bank has reviewed the Marginal Cost of Fund Based Lending Rate (MCLR) for different tenors and the same will be effective from 16.10.2018


S.No. Tenor MCLR (%) w.e.f. 16.10.2018
1. Overnight MCLR 8.00
2. One month MCLR 8.20
3. Three month MCLR 8.40
4. Six month MCLR 8.50
5. One Year MCLR 8.80
6. Three Year MCLR 9.10



Further the ALCO has also resolved to keep the existing rate of Base Rate unchanged at 9.70% and BPLR at 14.00%.

We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pdf Link: Punjab & Sind Bank - Announcement under Regulation 30 (LODR)-Interest Rates Updates

Source : BSE - www.bseindia.com

Published on October 16, 2018
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