Lending rates hiked by State Bank of Mysore
By Vaibhav Aggarwal
Jan 7, 2011
Print    Email    RSS   

Public sector lender, State Bank of Mysore has declared an interest rate hike of 25 basis points in its benchmark prime lending rate (BPLR) to 13.50%. The revised rates have come into effect from today, January 06, 2011.

"...The bank has revised the Bank's Prime Lending Rate (BPLR) upwards by 25 bps from 13.25 per cent per annum to 13.50 per cent per annum with effect from January 6, 2011," State Bank of Mysore said in a filing to Bombay Stock Exchange.

The rise in lending rates by the bank follows the same done by major lenders like ICICI Bank, Kotak Mahindra and Dhanlaxmi Bank amongst others.

Also, associate lender, State Bank of Travancore has raised lending rates with effect from Januaey 03.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Carnival of Indian Personal Finance Blogs #4
A chronicle of excesses by loan recovery...
Carnival of Indian Personal Finance Blogs #1
This is how a bank lends money
A chronicle of excesses by loan recovery...

Hello I am looking to renew my car insurance and I...
my loan no
Lonavala Caℓℓ Girℓs 9765946980 / 9970712349...

SBH bank extended its Car and gold loan campaign till 31st March, 2015. Feb 11, 2015
KVGB bank signed MOU with TATA Motors Feb 10, 2015
SBH bank extended its scheme offering concession to loan defaulters Feb 2, 2015
Karnataka Bank tied up with TVS motors to Assist Auto rickshaw buyers Jan 27, 2015
RBI extended the Directions issued to Amanath Co-operative Bank for a period of six months Jan 22, 2015
News Archive