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Thursday, June 4, 2015

Andhra Bank cuts lending rate by 25 bps

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.

Source : Thehindubusinessline


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