Public sector lender Oriental Bank of Commerce has announced a 25 bps rise in its base rate.

The base rate of the bank now stands at 10.25%. The benchmark prime lending rate (BPLR) of the bank has also been raised by an equal amount.

The BPLR thus stands at 14.50% following revision.

The bank has recorded a net interest margin (NIM) of 3.18% as on end of the last fiscal.