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The latest announcement is out from Karur Vysya Bank Ltd. ( (IN:KARURVYSYA) ).
Karur Vysya Bank has announced a downward revision of its key lending benchmarks, reducing its Base Rate from 11.15% to 10.70% and its Benchmark Prime Lending Rate (BPLR) from 16.15% to 15.70%, effective January 7, 2026. The rate cuts are expected to lower borrowing costs for customers linked to these legacy benchmarks, potentially improving credit demand and competitiveness in its loan portfolio, while also reflecting the bank’s alignment with broader interest rate conditions in the Indian banking system.
More about Karur Vysya Bank Ltd.
Karur Vysya Bank Limited is an Indian private sector bank that provides a range of commercial and retail banking services, including loans and credit products, to customers across the country. It operates within the regulated banking industry and its interest rate benchmarks, such as the Base Rate and Benchmark Prime Lending Rate (BPLR), play a key role in pricing loans for various borrower segments.
Average Trading Volume: 105,459
Technical Sentiment Signal: Buy
Current Market Cap: 263.2B INR
For detailed information about KARURVYSYA stock, go to TipRanks’ Stock Analysis page.