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Lakshmi Vilas Bank hikes base, deposit rates

Private lender has also hiked its deposit rates by 50-275 basis points across maturities

Somasroy Chakraborty Kolkata
Last Updated : Aug 23 2013 | 6:39 PM IST
 
Lakshmi Vilas Bank today said it has increased its base rate or minimum lending rate by 25 basis points to 11.25%.

The private lender has also hiked its deposit rates by 50-275 basis points across maturities.

The rate hikes are effective from August 26, 2013

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First Published: Aug 23 2013 | 6:27 PM IST

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