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
27 November, 2014 15:55 IST
SBI cuts base rate & BPLR by marginal 5 bps
Source: IRIS | 31 Jan, 2013, 08.30AM
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).


* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer