Punjab National Bank (PNB) has announced a revision in its Repo Linked Lending Rate (RLLR), following the Reserve Bank of India’s decision to cut the repo rate on December 5, 2025. According to the bank’s official communication to stock exchanges, the RLLR has been reduced from 8.35% to 8.10%, inclusive of the 10 basis-point Business Strategy Premium (BSP). The revised rate comes into effect from December 6, 2025.
In its filing, PNB clarified that the Marginal Cost of Funds Based Lending Rate (MCLR) and Base Rate remain unchanged, indicating the impact of the repo rate cut will primarily reflect in repo-linked retail and MSME loans.
The update was issued by Company Secretary Bikramjit Shom, confirming the regulatory compliance and immediate implementation of the revised lending rate. The announcement is part of standard practice after RBI policy actions and is expected to influence loan EMIs for borrowers under RLLR-linked products.
