Business Daily from THE HINDU group of publications Sunday, Jun 29, 2008 ePaper | Mobile/PDA Version | Audio |
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Money & Banking
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Interest Rates SBM hikes lending, deposit rates Bangalore, June 28 State Bank of Mysore (SBM) has hiked its benchmark prime lending rate (BPLR) by 50 basis points with effect from July 1. The bank's BPLR is currently 13.25 per cent. SBM also hiked its deposit rates between 180 days and 3 years by 50 basis points. Currently, the deposit rate for 180 days is 7 per cent. For 3-year deposits, the rates are 8.50 per cent. - Our Bureau More Stories on : Interest Rates | Public Sector Banks
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