Bank

Indian Overseas Bank reduced Repo Linked Lending Rate by 25 bps

  • by Psu Connect
  • Date: 12-02-25
  • others

The revised RLLR will be effective from 11th February 2025.

Indian Overseas Bank reduced Repo Linked Lending Rate by 25 bps

Chennai-based Indian Overseas Bank (IOB) has reduced its Repo Linked Lending Rate (RLLR) by 25 bps, bringing it down from 9.35% to 9.10%

This decision follows the Reserve Bank of India’s MPC meeting held from 05th Feb 2025 to 07th February 2025 where the Repo rate reduced by 25 bps.

The revised RLLR will be effective from 11th February 2025

 

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : Indian Bank organises CSR activity