Don’t miss the latest developments in business and finance.

Allahabad Bank revises base rate and BPLR to 9.95% & 14.20%

Image
Capital Market
Last Updated : Jun 02 2015 | 3:31 PM IST

With effect from 08 June 2015

Allahabad Bank has decided to cut its Base Rate and Benchmark Prime Lending Rate (BPLR) by 30 basis point, effective from 08 June 2015. Consequently, the Base Rate will be reduced to 9.95% from existing 10.25% and BPLR of the Bank will be reduced to 14.20% from existing 14.50% with effect from 08 June 2015.

Powered by Capital Market - Live News

Also Read

First Published: Jun 02 2015 | 2:38 PM IST

Next Story