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Money & Banking - Interest Rates
Andhra Bank ups BPLR by 50 bps

Our Bureau

Hyderabad, Aug. 2

Andhra Bank on Wednesday announced an upward revision in its benchmark prime-lending rate (BPLR) by 50 basis points. In a press release here, the bank said the BPLR would now be 11.5 per cent and it would be the reference rate for all loans and advances with limits of above Rs 2 lakh. The revised BPLR would come into effect from Wednesday, the bank said.

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