Andhra Bank revises BMPLR and Base Rate
February 5, 2011‐ Hyderabad, Andhra Pradesh, India
Andhra Bank has announced today that it is making an upward revision of Benchmark Prime Lending Rate and the Base Rate by 50 basis points.
Effective February 5, 2011, the Banks BMPLR is changed from 13.25% per annum to 13.75% per annum. The base rate is changed from 9% to 9.5%. The rates are applicable to loans and advances.
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