Bank of India (BANKINDIA) — Announcement | 29 September 2026
Bank of India announced that its Marginal Cost of Fund based Lending Rate (MCLR) and Repo Based Lending Rate (RBLR) will remain unchanged effective 01.10.2026, while Fixed Rate Spread (FRS) will be revised from 01.09.2026. The updated MCLR rates range from 7.85% to 8.90% across tenors, and the FRS adjustments are detailed for various loan maturities. This regulatory filing reflects routine rate maintenance with no immediate impact on existing loan pricing but signals upcoming spread changes affecting new fixed-rate products.
About Bank of India (BANKINDIA)
Financial Services · Banks · Listed on BSE
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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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