Money & Banking

Andhra Bank cuts lending rate by 25 bps

Our Bureau Hyderabad | Updated on January 24, 2018

Andhra Bank has reduced its base rate by 25 basis points from 10.25 per cent to 10 per cent with effect from June 11, 2015.

The Benchmark Prime Lending Rate (BMPLR) has also been reduced from 14.50 per cent to 14.25 per cent with effect from the same date, Andhra Bank said in a statement.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on June 04, 2015
This article is closed for comments.
Please Email the Editor