Karur Vysya Bank revises MCLR rates from today; Stock ends 2% higher

7 Feb 2022 , 03:40 PM

The Karur Vysya Bank Limited has announced the revision of Marginal Cost of Funds Based Lending Rates (MCLR) of the Bank with effect from today.

The Overnight MCLR has been revised from 7.35% to 7.45%. The One Month MCLR has been revised from 7.50% to 7.60%. The Three Month MCLR has been revised from 7.65% to 7.75%.

The Six Month MCLR has been revised from 8.00% to 8.10%. The One Year MCLR has been revised from 8.10% to 8.20%.

Karur Vysya Bank Ltd stock trade ended at Rs54.35 per piece up by Rs1.2 or 2.26% from its previous closing of Rs53.15 per piece on the BSE.

The scrip opened at Rs52.80 and has touched a high and low of Rs55.30 and Rs52.80 respectively.