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Pnb Mclr Rates News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ICICI Bank, Punjab National Bank (PNB) revise lending rates; loan EMIs to be impacted

ICICI Bank has reduced rates on some tenures and increased them on the remaining ones, while PNB has increased its marginal cost-based lending rates for all tenures

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ICICI Bank, PNB revise basic lending rates, EMIs to go up: Check new loan rates here

Both the banks have hiked its MCLR on some of the tenors. The rates are effective from June 1, 2023.

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PNB hikes MCLR rates by 15 bps from today; check details here

The bank has hiked the MCLR for an overnight loan from 6.60 per cent to 6.75 per cent whereas the MCLR for a one-month loan now stands at 6.80 per cent.

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