Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
02 October, 2014 15:55 IST
News
SBI cuts base rate & BPLR by marginal 5 bps
Source: IRIS (31-JAN-13)
Comments  |  Post Comment

State Bank (Q,N,C,F)* of India (SBI), the largest public sector lender, announced Wednesday the bank decided to revise the base rate and benchmark prime lending rate (BPLR) lower by 5 bps with effect from Feb. 4, 2013.

Accordingly the base rate now stand at from 9.75% to 9.70% p. a. and BPLR stood at from 14.50%  to 14.45% p.a.

Shares of the bank declined Rs 21.9, or 0.89%, to trade at Rs 2,435.40. The total volume of shares traded was 428,591 at the BSE (Wednesday).


News
RBI hikes FII limit for Apollo Tyres to 45% - 01-Oct-2014 18:32
Escorts Agri Machinery sales up 9.4% in September'14 - 01-Oct-2014 17:24
Tata Motors sales fall 8% in September - 01-Oct-2014 17:20
TVS Motor posts 27% sales growth in September' 2014 - 01-Oct-2014 17:13
Indiabulls Power names Jayant Kawale as managing director - 01-Oct-2014 17:10
BHEL pays 76% final dividend for fiscal 2013-14 - 01-Oct-2014 16:57
SSWL sales climb 12% in September'14 - 01-Oct-2014 15:42
Mahindra reports 8% growth in September tractor sales - 01-Oct-2014 15:33
M&M auto sales up 4% in September - 01-Oct-2014 15:24
NIIT to partner Microsoft for 'Women in Tech' initiative - 01-Oct-2014 15:14
Tata Global JV firm opens Starbucks store in Hyderabad - 01-Oct-2014 15:12
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   gkr5rm into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer