• Corporate
• Markets
• Info-Tech
• Marketing
• Money & Banking
• Agri-Biz & Commodities
• Industry & Economy
• Logistics
• Government
• Opinion
• Variety
• Columns
• States
• Web Extras
• Index

• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

• Rates

• Ports

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Subscription

• Business Line

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

HYDERABAD: State-run Andhra Bank on Monday reduced its benchmark prime lending rate (BPLR) by 0.75 per cent to 13.25 per cent with immediate effect.

The rate-cut will benefit all PLR-related portfolios including home, education and vehicle loans, the bank said in a statement.

The bank is likely to take a call on its deposit rates in the near term, it said. – PTI

Prev: Power exchange to bring fresh investments: Shinde
Next: ICICI Home Finance offer on FDs

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line