Business   

State Bank of India cuts interest rates

State Bank of India (SBI) on Saturday announced a 75 basis point cut in its prime lending rate which will be effective from January 1. State Bank of India’s PLR now stands reduced at 12.25 per cent, the bank said in a release.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Demand recession: textile units fear worse days
Plain-speak by Hamid Ansari on governance
U.S. lawmakers ask Ex-Im Bank to suspend aid to Reliance Industries
More tax relief sought for health insurance
Thailand gold jewellery in Kerala
ONGC declares 180 per cent interim
Skyline sets record
New range of packaging
Arbitron setting up technology centre
State Bank of India cuts interest rates
Synthite group targets Rs. 1,000 crore revenue
Vodafone offers lifelong prepaid card
CNBC Real Estate award
Bullion Rates

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu