Wednesday 16 April 2014
News updated at 9:43 PM IST
Weather
Max: 34°C
Min : 22.7°C
In Bangalore
Sunny day

Union Bank, SBH prune base rate

Mumbai, Feb 8, 2013, DHNS

State-run lender Union Bank of India on Friday announced a revision in its base rate from 10.50 per cent to 10.25 percent, effective Saturday.

Union Bank said in view of the reduction in base rate, interest rates on home loan and car loan stands reduced to 10.25 per cent and 10.70 per cent per annum respectively.
Further, State Bank of Hyderabad (SBH), an associate bank of the State Bank of India, on Friday announced cut in its base rate or BR by 5 basis points (bps) and  benchmark prime lending rate (BPLR) by 10 bps. The bank has reduced its base rate to 10.20 per cent from the previous 10.25 per cent, and BPLR to 14.90 per cent from 15 per cent with effect from February 11.


Go to Top

Photo Gallery
A visitor walks next to a sand sculpture on elections made by Indian sand artist Sudarshan...

A visitor walks next to a sand sculpture on elections made by Indian sand artist Sudarshan...

Members of the election staff carry electronic voting machines (EVM) through a tea garden...

Members of the election staff carry electronic voting machines (EVM) through a tea garden...

A man rests on a boat on the banks of the river Yamuna in the old quarters of Delhi...

A man rests on a boat on the banks of the river Yamuna in the old quarters of Delhi...

Rescue work is carried out after Dimapur-Kamakhya BG Express derailed near Jagiroad Station...

Rescue work is carried out after Dimapur-Kamakhya BG Express derailed near Jagiroad Station...

Pranab Mukherjee during a meeting with Indian Postal Service Probationers...

Pranab Mukherjee during a meeting with Indian Postal Service Probationers...

Policemen conduct checking on the eve of Lok Sabha elections in Patna...

Policemen conduct checking on the eve of Lok Sabha elections in Patna...

A labourer sits at a window under a railway bridge in the old quarters of Delhi...

A labourer sits at a window under a railway bridge in the old quarters of Delhi...

Bollywood lyricist Gulzar during the inauguration of the painting exhibition Epic...

Bollywood lyricist Gulzar during the inauguration of the painting exhibition Epic...

Members of the election staff carrying electronic voting machines (EVM) cross a water channel...

Members of the election staff carrying electronic voting machines (EVM) cross a water channel...

A woman pastes cow dung cakes on a wall for drying in the northern Indian city of Allahabad...

A woman pastes cow dung cakes on a wall for drying in the northern Indian city of Allahabad...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523