State Bank of Travancore has decided to revise the benchmark prime lending rate (BPLR) by 50 basis points from 12.75% to 12.25%. 
The changes in the rates are effective from July 1, 2009.
Shares of the company gained Rs 9.25, or 2.13%, to settle at Rs 442.95. The total volume of shares traded was 29,945 at the BSE (Friday).
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