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An announcement from Punjab National Bank ( (IN:PNB) ) is now available.
Punjab National Bank has reviewed its lending rates and announced that its Marginal Cost of Funds Based Lending Rates (MCLR) across all tenors will remain unchanged from February 1, 2026, maintaining existing levels such as 7.95% for overnight and up to 9.05% for longer tenors. The bank also confirmed that its Repo Linked Lending Rate (RLLR) will stay at 8.10% and its Base Rate at 9.50%, signaling a stable interest-rate stance that provides predictability for borrowers and indicates no immediate change in funding costs or pricing strategy for its loan portfolio.
More about Punjab National Bank
Punjab National Bank is a large state-owned Indian commercial bank providing a full range of retail and corporate banking services, including loans and deposits, to customers across the country. Listed on major Indian stock exchanges, it plays a significant role in the domestic financial system, with lending rates that influence borrowing costs for households and businesses.
Average Trading Volume: 977,627
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1438.9B INR
For a thorough assessment of PNB stock, go to TipRanks’ Stock Analysis page.