One-year MCLR now stands at 8.20%.
While MCLR of 8.05% and 8% is applicable on six-month and three-month tenor.
On the shorter term, MCLR stands at 7.95% each on one-month and overnight tenor.
At around 11.54 am, South Indian Bank was trading at Rs6.79 per piece down 2.58% on Sensex.
The stock has touched an intraday high and low of Rs7.05 per piece and Rs6.64 per piece respectively.