Back

Corporate News

with effect from 06 June 2025

Bank of India reduces Repo Based Lending Rate to 8.35%

06-Jun-2025, 05:46
Bank of India announced that Repo Based Lending Rate (RBLR) has been reduced to 8.35% w.e.f. 06 June 2025.

Today, RBI has revised the Repo Rate from 6.00% to 5.50% (decrease of 50 bps). The change in RBLR is as under:

Repo Rate revised from 6.00% to 5.50% (-50 bps)
Mark up remained unchanged at 2.85%
Effective RBLR revised from 8.85% to 8.35% (-50 bps)