UCO Bank revises Benchmark Rates of Bank
State-owned UCO Bank has announced that Bank’s Asset Liability Management Committee (ALCO) has reviewed the Benchmark rates and decided for revision in rates.
UCO Bank revises Benchmark Rates of Bank
New Delhi: State-owned UCO Bank has announced that Bank’s Asset Liability Management Committee (ALCO) has reviewed the Benchmark rates and decided for revision in rates.
In terms of other benchmark rates, the TBLR (3 months) will be marginally reduced to 5.40%, TBLR (6 months) is now 5.50%, TBLR (12 months) is now 5.50%, UCO G-Sec Rate (1-year) is now 5.60% and 10-year G-Sec Rate YTM will be now 6.44%.
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The other benchmark rates Repo Linked Rate-UCO Float, Repo Linked Rate-UCO Prime, Base Rate and BPLR.
The revised TBLR and G-sec linked rate shall be effective from 10.07.2025. Other Benchmark rates viz. MCLR, Repo Linked Rates, Base Rate and BPLR remain unchanged.
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