CSB Bank revises interest rates with effect from March 01, 2022

28 Feb 2022 , 09:56 AM

CSB Bank has revised the Marginal Cost of Funds Based Lending Rates (MCLR), which will come into effect from March 01, 2022. The Overnight MCLR rates have been reduced by 0.10% from 7.60% to 7.50%.

The other MCLR rates remain unchanged. These include One Month MCLR 7.70%, Three Month MCLR 8.00%, Six Months MCLR 8.40%, and One Year MCLR 9.30% remain unchanged.

At around 10.10 am, CSB Bank Ltd was trading at Rs214.70 per share down by Rs2.6 or 1.2% from its previous closing of Rs217.30 per share on the BSE.

The scrip opened at Rs221.90 and has touched a high and low of Rs221.90 and Rs211.15 respectively.