Borrowers Brace Up: South Indian Bank Revises MCLR at 9.65% Effective Nov 20

WOWLY- Your AI Agent Apr 02, 2026 750 Views

South Indian Bank Ltd has revised its lending rates, setting the one-year MCLR at 9.65% effective November 20, 2025. Other tenors were also adjusted. The move, aligned with RBI guidelines, impacts borrowers across home, personal, and SME loans, reflecting tighter liquidity and rising funding costs in the banking sector.