0

IDBI, ICICI, BOB, BOM, PNB and Syndicate Bank slashed Base Rates/ BPLRs in April/May 2012

Following the reduction in Key Policy Rates or Repo Rate by 50 BPS by RBI, in its Annual Monetary Policy 2012-13 on 17th April 2012, the undernoted banks have revised their Base Rates, BPLRs downwards recently in  April, 2012.

Sr. No. Name of the Bank Base Rate BPLR Effective
Existing Revised Existing Revised Date
1 IDBI   Bank 10.75% 10.50% 15.25% 15.00% 20/04/2012
2 ICICI   Bank 10.00% 9.75% 18.75% 18.50% 23/04/2012
3 Bank of Baroda 10.75% 10.50% 15.00% 14.75% 01/05/2012
4 Bank of Maharashtra 10.60% 10.50% 15.00% 14.75% 01/05/2012
5 Punjab National Bank 10.75% 10.50% 14.25% 14.00% 01/05/2012
6 Syndicate   Bank 10.75% 10.50% 15.00% 14.75% 01/05/2012

To Know about the Base Rate system Click on What is a Base Rate?

For Comparison of updated Base Rate, BPLRs of all Banks Click on Comparison of Base Rates, BPLRs of Banks

Filed in: Banking & Finance, Base Rate, Miscellaneous Tags: , , , , , , , , , , , , , , ,

Leave a Reply

Submit Comment

© 2013 The Banking Bible. All rights reserved. XHTML / CSS Valid.
Proudly designed by Windows Space.
%d bloggers like this: