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Indian Bank adjusts benchmark rates after Reserve Bank of India’s policy change
07-Oct-2026, 07:40
Indian Bank announced a revision in its benchmark rates, effective October 8, 2026, following a 25 basis point increase in the Policy Repo Rate by the Monetary Policy Committee of the Reserve Bank of India; the Policy Repo Rate for loans linked to REPO will be 5.50% from 5.25%, and the Repo Linked Benchmark Lending Rates (RBLR) will be 8.20% from 7.95%, according to a regulatory filing with the National Stock Exchange of India Limited and the BSE Limited.