UCO Bank has raised its repo-linked, treasury bill-linked and government securities-linked benchmark lending rates, effective October 8, following the RBI’s 25-basis-point repo rate hike announced a day earlier.

The bank’s Asset Liability Management Committee (ALCO) approved the revision. Its repo-linked lending rate (RLLR) for the UCO Float variant has been increased by 25 bps to 8.30% from 8.05%, while the UCO Prime rate has been raised to 5.50% from 5.25%.