Karur Vysya Bank (KVB) has decided to cut its Marginal Cost of Funds-Based Lending Rates (MCLR) by 10 basis points across the board.
The six-month and one-year MCLR will be revised downwards to 9.10 per cent each from the current 9.20 per cent. The new MCLRs will take effect on February 22, 2026.
Loans such as corporate loans, business loans (non-MSME) and loans against property are linked to this benchmark.
MCLR comprises the marginal cost of funds, negative carry due to the cash reserve ratio, operating costs, and tenor premium.
Published on February 19, 2026
