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PNB ups repo-linked lending rate by 10 basis points

Crime Today News - 29/03/2025 at 15:53

PNB ups repo-linked lending rate by 10 basis points

Punjab National Bank has decided to up its Repo-Linked Lending Rate (RLLR) from 9 per cent to 9.10 per cent with effect from April 1, 2025, in the backdrop of liquidity tightness in the banking system and deposit growth lagging credit growth.

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RLLR includes the business strategy premium of 0.10 per cent. The Bank said there is no change in the existing marginal cost of funds-based lending rate (MCLR) and base rate.

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