State Bank of Travancore has informed BSE that the Bank has decided to change the Base Rate (BR) & Benchmark Prime Lending Rate (BPLR) as under with effect from February 16, 2011.
1. Base Rate (BR)
- Existing Rate: 8.50%
- Revised Rate (Effective from January 16, 2011): 9.00%
2. Benchmark Prime Lending Rate (BPLR):
- Existing Rate: 13.50%
- Revised Rate (Effective from January 16, 2011): 13.75%
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