State Bank of Hyderabad (SBH) has reduced its base rate from 10.25 per cent to 10.20 per cent and its benchmark prime lending rate (BPLR) from 15.00 per cent to 14.90 per cent. The new rates would be effective from February 11.

“This would provide much anticipated relief to borrowers having floating rate advances linked to the base rate and BPLR,” the bank said in a release on Friday.

(This article was published on February 8, 2013)
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