Business Standard

Allahabad Bank revises interest rates linked to External Benchmark

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Capital Market

With effect from 01 November 2019

Allahabad Bank announced that the Asset Liability Management Committee (ALCO) and ALCO Core Committee of the Bank has decided to revise interest rates for the products linked to External Benchmark with effect from 01 November 2019 as detailed below -

RBI Repo Rate - 5.15%
Three month MIBOR (Average) - 6.15%

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First Published: Oct 31 2019 | 5:53 PM IST

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