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Informist, Wednesday, Dec. 10, 2025

--UCO Bank cuts MCLR for 1-year tenure by 5 bps, rest unchanged

NEW DELHI – UCO Bank has reduced the marginal cost of funds-based lending rates by 5 basis points for the one-year tenure, effective Thursday, the state-owned bank informed exchanges Wednesday. The MCLR for other tenures remains unchanged.

The bank's revised MCLR now ranges from 7.95% to 8.80%. The reduction in MCLR comes days after the Reserve Bank of India's Monetary Policy Committee lowered the repo rate by 25 bps to 5.25%. The rate-setting panel has cut the repo rate by 125 bps in 2025. The RBI's norms require banks to review their MCLR every month.

The Kolkata-based lender also lowered the three-month Treasury bill-linked rate by 5 bps to 5.40%. The bank reported a net profit of INR 6.20 billion for the September quarter, up 2.8% year on year. On Wednesday, the bank's shares closed 0.9% lower at INR 28.86 on the National Stock Exchange.

UCO Bank's marginal cost of funds-based lending rates for various tenures are as follows:

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Reported by Shubham Rana

Edited by Saji George Titus

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