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Sbi Reduces Rates By 25 Basis Pts

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Our Banking Bureau BUSINESS STANDARD
Last Updated : Feb 06 2013 | 11:18 PM IST

The State Bank of India (SBI) today cut its prime lending rate and deposit rate by 25 basis points (one basis point is one hundredth of 1 per cent) each across all maturities. Other banks are expected to follow suit over the next few days.

The SBI

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First Published: May 01 2003 | 12:00 AM IST

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