Business Standard

Central Bank reduces PLR by 75 bps

Image

Press Trust of India Mumbai

Central Bank reduces PLR by 75 bps
Press Trust of India / Mumbai November 06, 2008, 20:17 IST

Central Bank of India today reduced its benchmark prime lending rate (PLR) by 75 basis points to 13.25 per cent.

The new rate will come into effect from November 10, a press release issued here stated.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 06 2008 | 8:17 PM IST

Explore News