PNB ups repo-linked lending rate by 10 basis points

FINANCE

PNB ups repo-linked lending rate by 10 basis points

AIMPWA

March 29, 2025

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Punjab National Bank has decided to up its Repo-Linked Lending Rate (RLLR) from 9 per cent to 9.10 per cent with effect from April 1, 2025, in the backdrop of liquidity tightness in the banking system and deposit growth lagging credit growth.

Kinet seeks ₹500 cr loan from PNB to kickstart Vande Bharat train production in Maharashtra

Loan to be backed by Russia’s Sberbank Rossii

RLLR includes the business strategy premium of 0.10 per cent. The Bank said there is no change in the existing marginal cost of funds-based lending rate (MCLR) and base rate.

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