PNB NSE filing

PNB Maintains MCLR and RLLR Unchanged Effective March 1, 2026

The RealCase readLow impact Neutral

Punjab National Bank (PNB) will keep its Marginal Cost of Funds Based Lending Rates (MCLR) unchanged from March 1, 2026. Key rates include Overnight at 7.95% and One Year at 8.75%. The Repo Linked Lending Rate (RLLR) at 8.10% and Base Rate at 9.50% also remain static.

Why it matters

The decision to keep interest rates unchanged is a routine procedural update for the bank and is unlikely to have a significant impact on its financial performance or market standing.

The market read

The announcement is a routine update on interest rates, indicating no change from previous levels. This is a standard operational announcement with no immediate positive or negative implications for the bank.

Punjab National Bank (PNB) has announced that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged effective March 1, 2026. The existing MCLR rates for tenors ranging from Overnight to 5 years will be maintained at their current levels. Specifically, the Overnight MCLR is 7.95%, One Month is 8.20%, Three Month is 8.40%, Six Month is 8.60%, One Year is 8.75%, and 5 Years is 9.05%.

Furthermore, the bank has confirmed that its existing Repo Linked Lending Rate (RLLR) of 8.10% (including BSP of 0.10%) and Base Rate of 9.50% will also remain unchanged. These rates are effective from March 1, 2026.

Filing to action

What to do with a filing like this

Punjab National Bank filed this with the NSE as a statutory disclosure, categorised under interest rates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Punjab National Bank. Read the original for the full detail.

View original filing