<h1>Public sector bank trims MCLR by 5 bps across tenures; one-year MCLR falls to 8.90%, 10-year yield rises</h1> A public sector bank filed a regulatory disclosure stating it lowered its marginal cost of funds-based lending rates (MCLR) across tenures by five basis points effective September 10, including a reduction of the one-year MCLR to 8.90% from 8.95% and similar cuts for overnight, one-month, three-month and six-month tenors; concurrently it raised the yield on its 10-year government securities benchmark to 6.78% from 6.51%. Repo-linked rates, the base rate and the benchmark prime lending rate remain unchanged, affecting pricing of new and existing loan products tied to these benchmarks.