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UCO Bank has lowered its overnight and one-month MCLR rates effective November 10, 2025, while keeping other MCLR tenors unchanged. Treasury bill rates have seen minor reductions starting November 7, with a slight increase in the one-year G-Sec rate. Repo, Base, and BPLR rates remain steady.
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UCO Bank’s Asset Liability Management Committee (ALCO) has announced a revision in benchmark interest rates with effect from November 7 and November 10, 2025. The changes include decreases in the Marginal Cost of Funds-Based Lending Rate (MCLR) for overnight and one-month tenors, while other MCLR tenors remain unchanged. Additionally, select Treasury Bill Linked Rates (TBLR) and Government Security (G-Sec) linked rates have been adjusted slightly, reflecting the bank’s response to prevailing financial conditions.
Key Highlights:
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MCLR reductions: Overnight rate lowered from 8.00% to 7.95%, one-month rate from 8.25% to 8.20%; three-month, six-month, and one-year rates remain steady at 8.45%, 8.70%, and 8.85%, respectively.
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TBLR rates revised down marginally: 3-month from 5.50% to 5.45%, 6-month from 5.60% to 5.55%, 12-month from 5.60% to 5.55%.
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G-Sec rates: One-year G-Sec rate modestly increased from 5.64% to 5.66%, while 10-year G-Sec yield to maturity (YTM) dropped from 6.72% to 6.61%.
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Other benchmark rates such as Repo Linked Rates, Base Rate, and Benchmark Prime Lending Rate (BPLR) remain unchanged.
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Revised MCLR rates take effect from November 10, 2025; TBLR and G-Sec linked rates apply from November 7, 2025.
This calibrated rate revision aims to offer more competitive lending rates for UCO Bank customers while maintaining a balanced approach amid market conditions.
Sources: UCO Bank official announcement, financial news platforms.
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