Punjab National Bank has notified the stock exchanges that its representatives will participate in a physical group meeting organised by Motilal Oswal, scheduled to be held in Mumbai on 07.05.2026. The meeting is set to commence from 10:30 a.m. onwards. The disclosure was filed on 04.05.2026 by Bikramjit Shom, Company Secretary of the bank, in accordance with applicable regulatory requirements.

Meeting Details

The key details of the analyst and investor meet are as follows:

Regulatory Compliance

The disclosure has been submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed entities to inform stock exchanges of events and developments that may have a bearing on investor interest. The communication was addressed to both the National Stock Exchange of India Limited and BSE Limited.

punjab national bank has informed the exchanges that its Marginal Cost of Funds Based Lending Rates (MCLR) will remain unchanged across all tenors effective from May 1, 2026. The decision maintains the status quo on lending rates that were previously effective from April 1, 2026, providing stability for borrowers across various loan categories.

MCLR Rate Structure

The bank's MCLR rates across different tenors have been maintained at their existing levels. The overnight MCLR remains at 7.95%, while short-term tenors including one month and three months are held steady at 8.20% and 8.40% respectively. The six-month MCLR continues at 8.60%, with the one-year MCLR—the benchmark for most consumer loans—maintained at 8.75%. For longer-term loans, the three-year MCLR remains unchanged at 9.05%.

Other Benchmark Rates

In addition to MCLR, Punjab National Bank has confirmed that its other benchmark lending rates remain unchanged. The Repo Linked Lending Rate (RLLR) stands at 8.10%, which includes a Basic Spread Premium (BSP) of 0.10%. The Base Rate, another key lending benchmark, continues at 9.50%. These rates will continue to apply until further revisions are announced by the bank.

The communication, dated April 30, 2026, was signed by Bikramjit Shom, Company Secretary, and has been submitted to both the National Stock Exchange of India Limited and BSE Limited for record purposes.