IOB cuts base rate by 20 bps

Updated - January 15, 2018 at 01:29 PM.

Indian Overseas Bank has cut its base rate by 20 bps effective April 1. The new base rate is 9.50 per cent. The existing loans linked to the base rate will be revised with effect from April 1, the bank said.

Published on April 4, 2017 17:17