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 Money & Banking - Interest Rates
YES Bank hikes PLR to 13 pc

Our Bureau

Mumbai , Aug. 10

In the view of recent rate hikes by RBI, private sector bank, YES Bank, has increased its PLR by 50 basis points. The revised PLR is 13 per cent against the earlier 12.5 per cent, said the bank's spokesperson.

The total advances of the bank grew by 262 per cent to Rs 3,170 crore (Rs 874 crore) during the first quarter ending June 30. Total deposits also increased by 268 per cent to Rs 3,220 crore (Rs 874 crore) during the same period. —

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