Karur Vysya Bank Cuts Base Rate and BPLR:
Karur Vysya Bank has announced a reduction in its lending rates, providing potential relief to borrowers. As per an exchange filing, the private sector bank will revise both its Base Rate and Benchmark Prime Lending Rate (BPLR) with effect from January 7, 2026, reflecting an easing stance in lending costs.Karur Vysya Bank has reduced its Base Rate and BPLR. The revised rates will come into effect from January 7, 2026, and are expected to impact loan pricing linked to these benchmarks.Karur Vysya Bank announced that its Base Rate has been reduced from 11.15% to 10.70%.
While the Benchmark Prime Lending Rate (BPLR) has been cut from 16.15% to 15.70%.These revisions were disclosed through an official exchange filing and will be applicable from January 7, 2026.
