Punjab National Bank lowers lending rate following RBI cut

Punjab National Bank (PNB) has announced a revision to its Repo Linked Lending Rate (RLLR), effective December 6, 2025. This adjustment follows a decrease in the Repo rate by the Reserve Bank of India (RBI) on December 5, 2025.

The bank's RLLR has been revised downward from 8.35% (including a bank specific premium of 10 basis points) to 8.10% (also including a bank specific premium of 10 basis points). The announcement was made by company secretary Bikramjit Shom.

Notably, PNB's Marginal Cost of Lending Rate (MCLR) and Base Rate will remain unchanged despite the RLLR adjustment. The notification was issued by the bank's Share Department, Board & Coordination Division, located at Plot No.4 Sector 10, Dwarka, New Delhi-110075.