Business   

SBI cuts lending rate by 50 basis points

State Bank of India on Wednesday slashed its benchmark lending rate by half a percentage point to 11.75 per cent that would benefit home, car and corporate loan customers. The new rate is effective from June 29.

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

Stories in this Section

Oil firms face unstable policy regime: E&Y
ONGC net dips 16% in Q4
World Bank to raise and sustain funds for stimulus
Intel to focus on mobile internet devices
Coal Ministry puts appointment of regulator on 100-day agenda
Sensex moves up by 99 points
Tata Tele launches ‘pay per use’ concept
BSNL joins hands with Microsoft
RBI reconstitutes technical panel on monetary policy
SBI cuts lending rate by 50 basis points
Exchange Rates
Bullion Rates
Cognizant’s portal for Daman insurance firm
Solution to read newspapers on mobile phones
K S Oils palm plantation project in Indonesia
DHL launches aircraft-on-ground service
DRL launches Bispec for OAB management
Religare Technova introduces new solutions
Packaging exhibition from June 26

Copyright © 2009, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu