Indian Bank revises Lending Rate linked with Policy Repo Rate

Market Times - market news
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The Asset Liability Management Committee (ALCO) of Indian Bank has reviewed the Lending Rate for all Loans/Advances linked with Policy Repo Rate and revised the Lending Rate linked with Policy Repo Rate based on Repo from 4.00% to 4.40%.

The said revised Lending Rate of the Bank shall be effective from 09.05.2022 for new customers and from 01.06.2022 for all the existing customers of the Bank.