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Bank of Baroda to reduce base rate from October

Posted By: Doraiah Vundavally September 28, 2017

Bank of Baroda to reduce base rate from OctoberMumbai, Sep 28 (IANS) State-owned lender Bank of Baroda on Thursday said that it will reduce its base rate by 0.35 per cent.

According to a BSE filing, the bank will reduce its base rate to 9.15 per cent per annum from October 1, 2017.

Besides base rate, the lender will also reduce its BPLR (Benchmark Prime Lending Rate) by 0.35 per cent to 13.45 per cent.

 

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Bank of Baroda to reduce base rate from October

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.