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UCO Bank ( (IN:UCOBANK) ) has provided an update.
UCO Bank’s Asset Liability Management Committee has revised its benchmark lending rates effective 11 January 2026, marginally reducing the MCLR across all tenors by 5 basis points, with the one-year MCLR now set at 8.75%. The bank has also cut its three-, six- and twelve-month TBLR benchmarks by up to 10 basis points and adjusted the 10-year G-sec par yield to 6.78%, while keeping the one-year G-sec benchmark, repo-linked lending rates, base rate and BPLR unchanged, signaling a modest easing in lending costs for borrowers without altering legacy and repo-linked pricing structures.
More about UCO Bank
UCO Bank is an Indian public sector bank headquartered in Kolkata, operating in the commercial banking industry. It provides a range of retail and corporate banking services, including loans and advances that are typically priced with reference to benchmark lending rates such as the Marginal Cost of Funds-based Lending Rate (MCLR), Treasury Bill Linked Rate (TBLR), government securities-linked benchmarks and repo-linked lending products for its customers across India.
Average Trading Volume: 869,585
Technical Sentiment Signal: Sell
Current Market Cap: 361B INR
For an in-depth examination of UCOBANK stock, go to TipRanks’ Overview page.