Karur Vysya Bank Lowers One-Year MCLR to 9.80%, Effective June 7

Unknown Apr 02, 2026 850 Views

Karur Vysya Bank Ltd (KVB) has announced a revision in its one-year Marginal Cost of Funds-based Lending Rate (MCLR), reducing it from 10.00% to 9.80%, effective June 7, 2025. This adjustment is expected to benefit borrowers, making loans slightly more affordable. 1. Impact on Borr...