Indian Bank , a major public sector lender, has announced significant changes to its benchmark lending rates, effective October 3, 2025. The bank's Asset Liability Management Committee (ALCO) has reviewed and revised several key rates, potentially impacting borrowers across various loan categories.

MCLR Adjustments

The Marginal Cost of funds based Lending Rate (MCLR), a key determinant for loan interest rates, has seen selective reductions:

• Overnight MCLR: Reduced from 8.05% to 7.95%
• 1-month MCLR: Lowered from 8.30% to 8.25%
• 3-month, 6-month, and 1-year MCLR: Remain unchanged at 8.45%, 8.70%, and 8.85% respectively

Treasury Bills Linked Lending Rates (TBLR) Increase

Indian Bank has implemented a uniform increase of 5 basis points across all tenors for its Treasury Bills Linked Lending Rates:

Base Rate and BPLR Reductions

The bank has also lowered its Base Rate and Benchmark Prime Lending Rate (BPLR):

• Base Rate: Reduced from 9.70% to 9.60%
• BPLR: Decreased from 13.95% to 13.85%

Unchanged Rates

Indian Bank has maintained the following rates:

• Policy Repo Rate: Remains at 5.50%
• Repo Linked Benchmark Lending Rates (RBLR): Stays at 8.20%

These rate adjustments reflect the bank's response to current market conditions and may influence the cost of borrowing for both new and existing customers. Borrowers with loans linked to MCLR, TBLR, Base Rate, or BPLR should take note of these changes as they may impact their EMIs or interest payments.

The revised rates, as confirmed by the bank's regulatory filing, will come into effect from October 3, 2025. Customers are advised to contact Indian Bank for more information on how these changes might affect their specific loan agreements.

Indian Bank , a prominent public sector bank in India, witnessed a significant block deal on the National Stock Exchange (NSE) recently. The transaction involved a substantial volume of shares, highlighting investor interest in the banking sector.

Block Deal Details

The block deal for Indian Bank shares was valued at approximately Rs. 37 crores. Here are the key details of the transaction:

Market Implications

Block deals of this magnitude often attract attention from market participants and analysts. Such transactions can indicate:

• Potential changes in institutional holdings
• Increased interest from large investors
• Possible shifts in market sentiment towards the banking sector

While the specific parties involved in the block deal were not disclosed, transactions of this size typically involve institutional investors or high net-worth individuals.

About Indian Bank

Indian Bank is a major public sector bank headquartered in Chennai, Tamil Nadu. The bank has a significant presence across India and offers a wide range of banking and financial services to its customers. As a public sector undertaking, Indian Bank plays a crucial role in the Indian banking landscape.

Investors and market observers will likely keep a close watch on Indian Bank's performance and any potential impact this block deal might have on the stock's trading patterns in the coming days.