Karur Vysya Bank Cuts MCLR by 10 Bps Across Tenors, Effective Feb 22, 2026

• Karur Vysya Bank (KVB) announced a 10 basis point reduction in its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenors.
• The revised rates will be effective from February 22, 2026.
• This revision reflects the current cost of funds environment and aligns with regulatory requirements and market conditions.
• Overnight MCLR reduced to 8.80% from 8.90%; one-month and three-month tenors now 8.95% from 9.05%.
• Six-month and one-year MCLR cut to 9.10% from 9.20%.