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Revision of Interest Rates on deposits and advances w.e.f. August 01, 2011

| Updated on July 29, 2011 Published on July 29, 2011

Bank of Baroda has informed BSE that the Bank has decided to revise rates of interest payable on Domestic Term Deposits below Rs. 1 cr. and on term deposits of Rs. 1 cr. and above w.e.f. August 01 2011.

Further, the Bank has decided to increase the Banks Base Rate for domestic advances by 50 bps i.e. from 10.25% to 10.75% and Benchmark Prime Lending Rate (BPLR) by 50 basis points Fe. from 14.50% to 15.00% with effect from August 01, 2011.

Source : BSE - >www.bseindia.com

Published on July 29, 2011
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