Archive · 6 Jan 2026
Karur Vysya Bank Reduces Base Rate and BPLR
Karur Vysya Bank, a private bank in India, has decided to lower its Base Rate and Benchmark Prime Lending Rate (BPLR).
The Base Rate will go from 11.15% to 10.70%, and the BPLR will change from 16.15% to 15.70%.
These changes will start on January 7, 2026.
The bank announced this in a filing to the stock exchange on January 5, 2026.
Lowering these rates might make loans cheaper for customers.
Karur Vysya Bank is reducing its Base Rate from 11.15% to 10.70%.
The Bank's BPLR will be revised from 16.15% to 15.70%.
The changes will be effective from January 7, 2026.
The bank announced the changes in an exchange filing on January 5, 2026.
The reduction in rates may lead to cheaper loans for customers.
- Who
- Karur Vysya Bank
- What
- Reduction in Base Rate and BPLR
- When
- Effective from January 7, 2026
- Where
- India
- Why
- Not specified
- Bank
- Karur Vysya Bank
- Effective Date
- January 7, 2026
- Base Rate (Old)
- 11.15%
- Base Rate (New)
- 10.70%
- BPLR (Old)
- 16.15%
- BPLR (New)
- 15.70%
