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State Bank of Travancore raises BPLR by 25 bps

State Bank of Travancore said on Friday it has raised its benchmark prime lending rate by 25 basis points.

Written by Agencies | Mumbai |
August 6, 2010 4:40:00 pm

State Bank of Travancore said on Friday it has raised its benchmark prime lending rate by 25 basis points to 12.5 percent,with effect from Aug. 5.

At 12.51 p.m.,shares were up 0.7 percent at Rs 638.5 in a largely steady Mumbai market.

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