Andhra Bank has reduced its base rate by 25 basis points from 10.25 per cent to 10 per cent with effect from June 11, 2015.
The Benchmark Prime Lending Rate (BMPLR) has also been reduced from 14.50 per cent to 14.25 per cent with effect from the same date, Andhra Bank said in a statement.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.