Karur Vysya Bank (KVB) has announced a revision in its lending rates, effective from March 24, 2026. The Bank will decrease its Base Rate by 20 basis points, bringing it down from 10.70% to 10.50%. Concurrently, the Benchmark Prime Lending Rate (BPLR) will also see a reduction of 20 basis points, moving from 15.70% to 15.50%. This adjustment is being communicated to the stock exchanges as per regulatory guidelines.
Key Revision in Lending Rates
Karur Vysya Bank (KVB) has formally announced a forthcoming adjustment to its core lending rates, signaling a reduction for borrowers. This decision was conveyed to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on March 20, 2026.
The revised rates will come into effect shortly thereafter, specifically starting on March 24, 2026. The change impacts two fundamental benchmarks used for pricing loans:
Comparative Rate Adjustment Table
The following table illustrates the exact movement for the Base Rate and the Benchmark Prime Lending Rate (BPLR), showing a uniform reduction of 20 basis points (0.20%) across both parameters.
| Nature of ROI | Existing | Revised |
|---|---|---|
| Base Rate | 10.70% | 10.50% |
| BPLR | 15.70% | 15.50% |
The management has requested that the Exchanges take official note of these forthcoming revisions to the structure of the Bank’s internal return on investments (ROI).
Source: BSE
