UBI revised its base rate
By Vaibhav Aggarwal
Mar 19, 2014
Print    Email    RSS   

It has been reported that a state owned bank United Bank of India unveiled to cut down its lending rate. Yesterday bank reduced its rate from 10.50% to 10.25%.In a report to Bombay stock exchange the bank stated that the revised rates will be applicable from 24th March, 2014.

It is expected that after the reduction in base rate – the minimum rate at which bank lends the car loans and home loans will also become cheaper by 0.25%. Lastly Allahabad bank raised its rate by 0.05%. Earlier the Apex bank increased its repo rate in order to curb inflation and push the borrowing cost for the corporate.

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

 Select a product:

Savings account portability: How...
How to check balance in savings bank account
PPF- How good an investment option!!
Carnival of Indian Personal Finance Blogs #6
Carnival of Indian Personal Finance Blogs #1

To, Syndicate Bank I want my account statement my...
30717241649 which sbi branch's account number?
How to find the canara bank ifsc code?
Sir my name is ronie fuentes i want to change my old...
How can i change my account mobile number

HDFC bank adjudged as the Best private bank in India Feb 16, 2015
HDFC reported an increase of 20% in its net profit Feb 16, 2015
ICICI bank launched Flash remit facility Feb 13, 2015
BOM launched new savings deposit scheme for HNI customers Feb 12, 2015
BMB bank to have a total of 80 branches by the March end. Feb 10, 2015
News Archive