07-Oct-2026 16:11:25

BANKINDIAGeneral news

BANK OF INDIA : REVISED LENDING RATE TO 8.35%

• Bank's Repo Based Lending Rate (RBLR) revised to 5.50% with immediate effect from October 7, 2026. • The revision is due to an upward revision in the Repo Rate announced by RBI. • The new RBLR is effective from 07-10-2026, with Repo Rate at 5.50% and Mark up at 2.85%. • Effective RBLR stands at 8.35%, an increase of 25 bps from the previous rate. Impact: Neutral (Regulatory update on lending rate)

Bank of India

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