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Wednesday, April 6, 2011

State Bank of Mysore raises base rate, BPLR by 25 bps

MUMBAI: State Bank of Mysore said on Wednesday it has raised its base rate and benchmark prime lending rate by 25 basis points each to 9 percent and 13.75 percent respectively, its third rate hike this year.

The bank had raised rates by 25 basis points twice earlier in January and February.


Source: EconomicTimes

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